 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| Luxembourg, Germany Add Information Exchange Protocol To DTA |
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 15, 2009
On December 11, 2009, Luxembourg’s Finance Minister, Luc Frieden, and
his German counterpart, Wolfgang Schäuble, signed a protocol amending the
double tax agreement (DTA) between the two countries.
The DTA, which prescribes the two countries' taxing rights with regards investors in the respective countries, was amended to include tax information exchange protocols, in line with
the OECD standard. The amendment will allow the two countries' tax authorities to request information pertaining to tax crimes, and in civil tax matters.
Negotiations towards the DTA revision were rapid, with the two
ministers agreeing upon provisions to be included in the agreement in November,
shortly after the formation of the new German government.
After signing the treaty, Frieden said that signing the treaty
was far more than agreeing an amendment to the DTA –
rather, it was a symbol of continued friendship between Luxembourg and Germany, and he emphasized the importance of the relationship between the two countries.
Frieden announced that the text would soon be tabled in Luxembourg's parliament, alongside similar agreements agreed with other nations, for enactment no later than March 2010.
A comprehensive report in our Intelligence Report series,
examining in depth the situation of offshore transparency and secrecy in a number
of the most prominent jurisdictions, is available in the Lowtax Library at
http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report2.asp
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
