The Association of Southeast Asian Nations plus Japan, China and South Korea (ASEAN Plus Three) have decided to further promote regional financial cooperation at the recent ASEAN Plus Three meeting held last Friday in India.
The Hong Kong-Indonesia DTA has taken effect from April 1, 2013. The DTA with Indonesia was signed in March 2010, but has only recently been ratified by Indonesia.
An agreement amending the DTA between the United Kingdom and Brunei Darussalam has been signed in London.
India and Mauritius have been getting closer to agreeing on amendments to their 30-year-old double taxation avoidance agreement.
Cambodia, the only member of ASEAN not to have any bilateral tax treaties of its own, is moving forward to strike a double tax treaty with Thailand to better deal with increasing cross-border trade.
On January 14, 2013, Hong Kong and Italy signed a comprehensive double taxation agreement (DTA).
Oct. 25 – China is negotiating with ASEAN countries over settling trade in Chinese renminbi (RMB), Assistant to the Governor of the People’s Bank of China Jin Qi told reporters Saturday in Nanning during the third China-ASEAN Summit Forum on Financial Cooperation and Development. “It (the agreement) is currently underway, but the exact time for[…..]