Singapore-European Union Conclude Free Trade Agreement
Dec. 18 – Singapore concluded an agreement with the European Union (EU) this weekend in a deal that will grant both parties improved access to each other’s markets. Singapore is the first Southeast Asian nation to conclude such a deal, with the agreement seeing the EU eliminating tariffs on all imports from Singapore over a […]
India Amends DTAs with Spain and the United Kingdom
Nov. 21 – India has initiated the process to revise its double taxation avoidance agreements (DTAs) with over 75 countries in an effort to strengthen its legislative framework to control the black money generated domestically and the flow of such illegal funds to foreign countries. On October 26, India signed a protocol to amend the […]
European Union Free Trade Negotiations with Southeast Asia
By Ian Bhullar Jul. 3 – The announcement of negotiations on a Vietnam-European Union (EU) free trade agreement (FTA) this week is promising for business leaders with interests on the intersection of Europe and the whole of the Southeast Asian region. EU Trade Commissioner Karel De Gucht and Vietnamese Minister for Industry and Trade Vu […]
Free Trade Agreement between the EU and India Getting Closer?
Jun. 13 – Long-delayed negotiations for the proposed free trade agreement between India and the European Union seem to be gaining momentum again. A ministerial level meeting is slated for June 26 between Commerce Minister Anand Sharma and EU Trade Commissioner Karel De Gucht to take the talks forward.
China Signs Bilateral Agreements with Ireland and Indonesia
By Xiaolei Gu Apr. 3 – China and Ireland announced a mutually beneficial strategic partnership during Irish Prime Minister Enda Kenny’s visit to Beijing last week, while the two sides also signed a number of agreements to promote cooperation in trade, investment, science and technology.
Singapore and United Kingdom Ink DTA Protocol
Mar. 6 – The UK and Singapore have signed a second protocol to their existing Double Taxation Agreement (DTA) on February 15, 2012, amending withholding tax rates. According to the protocol, the withholding tax rate for dividends is set at 0 percent, except for real estate investment trusts, which will be taxed at 15 percent. […]
Hong Kong Signs Tax Treaties with Netherlands, Brunei
Mar. 29 – Hong Kong recently signed tax agreements with Brunei and the Netherlands for the avoidance of double taxation and the prevention of fiscal evasion of income tax. The deals come at the urging of the Organization for Economic Cooperation and Development, which has asked China’s Special Administrative Region to incorporate a more transparent […]