On 24 January 2018 Barbados, Cote d'Ivoire, Jamaica, Malaysia, Panama, and Tunisia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting. This convention imposes obligations on countries to amend their agreements on avoidance of double taxation for the implementation of OECD recommendations.
Also, Algeria, Kazakhstan, Oman, and Swaziland intend to sign the Convention by June 2018.
At the moment, 78 jurisdictions have already joined the BEPS Plan.
Furthermore, Austria, the Isle of Man, Jersey, and Poland have ratified the Convention, which will enter into force three months after one-fifth of jurisdictions deposit their instrument of ratification.
Source: https://www.tax-news.com/news/Six_More_States_Sign_The_BEPS_Multilateral_Instrument____76307.html
Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk
04/18/2024 15:07:00
Portugal - new plan until 2028
Portugal has approved a Government action plan for the period up to ...
04/16/2024 13:29:00
UAE - the best for a startup
According to a new study, the United Arab Emirates (UAE) has become ...
04/09/2024 12:49:00
Sri Lanka extends the issuance of free visas
The Sri Lankan government has decided to extend until April 30, 2024 a ...