On January 3, 2019 the OECD announced that the Cook Islands joined the Inclusive Framework on BEPS. Therewith the total number of jurisdictions that have joined the Inclusive Framework on BEPS comes to 125.

On December 28, 2018 the Government of the Hong Kong Special Administrative Region issued a press release announcing that the Agreement between the Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Republic of Finland for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (which was signed on May 24, 2018) (Hereafter: the DTA) will enter into force on December 30, 2018.

On December 28, 2018 the Dutch Government published its lis of low-tax jurisdictions. The list consists out of the 5 jurisdictions that are currently on the EU list of non-cooperative jurisdictions for tax purposes and 16 other jurisdictions that Dutch Government considers to be low-tax jurisdictions. These latter are either jurisdictions that do not tax profits, or jurisdictions that do tax profits but that do so against a nominal rate that is lower than 9%.

The list will be used in relation to three Dutch measures to combat tax avoidance.

On November 27, 2018 the exchange of diplomatic notes between the Government of Japan and the Government of the Kingdom of Denmark for entry into force of the Convention between Japan and the Kingdom of Denmark for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance (which was signed on October 11, 2017) (Hereafter: the DTA) took place in Copenhagen.

On January 1, 2019 the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI) will enter into force with respect to:

·   Australia;

·   France;

·   Israel;

·   Japan;

·   Lithuania; and

·   The Slovak Republic.

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