The treaty, double tax convention dtc, is one of the 91 bilateral tax treaties ghana has signed with the netherlands and it is to avoid the collection of taxes from businessmen operating between. Where by reason of the provisions of paragraph l a person other than an. Uganda agreement for avoidance of double taxation and. It adapts the administrative assistance clause to the international standard for the exchange of information on request. Taxation of banking business 10 taxation of insurance companies general business 11 withholding tax on premium payments 11 life insurance business 11 taxation of retirement funds 11 payments sourced from ghana 11 income attributable to a permanent establishment12 branch profit tax 12 relief from double taxation 12 double tax treaties 12. The rate in ghana is 20%, but it has been negotiated down for south african taxpayers to 10%. Ghana is committed to entering into dtas with interested countries with the ultimate objective of freeing investment capital and thereby securing the investment. The general effect of the treaties for nonresidents from treaty countries is that they can obtain a partial or total refund of tax withheld by the swiss paying agent. Ireland and ghana signed a new dta on the 7 february 2018. Convention between the kingdom of the netherlands and the republic of uganda for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income chapter i scope of the convention article 1 persons covered this convention shall apply to persons who are residents of one or both of. Mar, 2017 ghana and mauritius have signed a treaty, the double taxation avoidance agreement dtaa, to avoid or eliminate double taxation of the same income in the two countries.
Australia has tax treaties with more than 40 jurisdictions. The double taxation convention entered into force on 10 august 1994 and is effective in ghana from 1 january 1995. Ghana and netherlands sign treaty on double taxation. International taxation double taxation avoidance agreements. These models define the principles of permanent establishment, allocates taxing rights amongst nations and provides basis of information sharing and dispute resolution between contracting states. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. Ghana and the netherlands have signed an agreement to improve the implementation of a bilateral tax treaty signed in 2008 to avoid double taxation and fiscal evasion.
The map does not include agreements with respect to inheritance and gift tax or agreements with respect to motor vehicle tax. This means that the double taxation agreements concluded between the federal republic of germany and the peoples republic of china are not applicable in hong kong and macau. The double taxation agreements dtas and protocols that are already in force, have been divided into two groups to make navigation easier, i. Ghana, switzerland double taxation agreement comes into force. The republic of ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains the government of the kingdom of the netherlands and the government of the republic of ghana, desiring that a convention for the avoidance of double taxation and the. Double taxation agreement between switzerland and ghana in. The protocol to the existing dta between ireland and belgium entered into force on 14 may 2019. Jan 05, 2010 the agreement between ghana and switzerland to prevent double taxation of citizens of the two countries comes into force effective january 1, 2010, a press statement from the swiss embassy in ghana copied to has said. Ghana, mauritius sign double taxation avoidance agreement. Ghana has signed a double taxation avoidance agreement dtaa with ireland to eliminate the incidence where income from both countries is taxed twice.
Ghana, the netherlands reach agreement to avoid double. However, the agreement is not yet ratified and therefore does not have the force of law. Double taxation avoidance agreement between indonesia. Protocol of amendment to double taxation agreement with. The revision will contribute to the further positive development of bilateral economic relations.
The convention between the republic of the philippines and the swiss confederation for the avoidance of double taxation with respect to taxes on income was signed in manila on june 24, 1998. The prevention or elimination of international double taxation in. Agreement between south africa and ghana for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. Double taxation agreement between india and switzerland. A double taxation agreement regulates the tax treatment of income or capital gains in situations where the same taxpayer is subject to tax in two states with respect to the same income or capital gains. Ghana signs double tax agreement with ireland ey global. Desiring to conclude an agreement for the avoidance of double taxation and the. Full list of the countries ghana has signed double. Ghana and denmark sign double taxation agreement ghana. This follows from its ratification also by ghana and official notification of switzerland to this effect.
The growth of investment flows between countries depends to a large extent on the prevailing investment climate. Double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains the government of the united kingdom of great britain and northern ireland and the government of the federal republic of nigeria. Legal text of the double taxation avoidance agreement between. Double taxation relief taxes on income republic of india order, 2014 commencement notice. Agreement between the government of malta and the government of the republic of india for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Switzerland and spain sign revised double taxation agreement.
Of the republic of ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains the government of the united kingdom of great britain and northern ireland and the government of the republic of ghana. In 2010, ghana started discussions with iran for a tax treaty. Kenya agreement for avoidance of double taxation of income. They prevent double taxation and fiscal evasion, and foster cooperation between australia and other international tax authorities. Double taxation avoidance agreement between philippines and. Its provisions on taxes apply on income derived or which accrued beginning january 1, 2002. The double taxation agreement dta will be applied from 1 january 2010. These countries are the united kingdom, france, belgium, the netherlands, germany, south africa, italy, switzerland, denmark and very recently, with mauritius, and the czech republic. Kenya agreement for avoidance of double taxation of. The purpose of the agreements between the two tax administrations of two countries is to enable the administrations to eliminate double taxation. The agreement which was ratified by the parliaments of the two countries in 2009 was signed in july 2008.
Double taxation agreement between switzerland and ghana in force. Protocol of amendment to double taxation agreement with ghana. Agreement for avoidance of double taxation of income and the prevention of fiscal evasion with kenya whereas the government of india and the government of kenya have concluded a convention, as set out in the annexure hereto, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Desiring to conclude a convention for the avoidance of double taxation and the. The two countries also set up a permanent joint commission on bilateral cooperation as part of measures to facilitate trade between them.
This agreement shall apply to persons who are residents of one or both of the contracting states. It has been amended by protocols signed on 5 march 1981, 17 december 1993, 26 june 2007, 7 september 2009. The republic of ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains the government of the kingdom of the netherlands and the government of the republic of ghana, desiring that a convention for. Agreement between the republic of singapore and the republic of ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income note this agreement was signed on 31 march 2017.
Ghana and the netherlands have signed a treaty on the avoidance of double taxation and fiscal evasion. Contracting states shall settle the question by mutual agreement. In article 23, there is a limitation of benefits stipulation because ghana taxes on the basis of remittance. Mar 20, 2017 double taxation agreement dta is an agreement between two countries that a person living in one country shall not be taxed in both countries on the income earned in the other country. Mauritius and ghana double taxation avoidance agreement.
Switzerland has double taxation treaties with over 80 other countries, more than 30 of which are based on the oecd model. The agreement between ghana and switzerland to prevent double taxation of citizens of the two countries comes into force effective january 1, 2010, a press statement from the swiss embassy in ghana copied to has said. Full list of the countries ghana has signed double taxation. Switzerland double taxation avoidance agreement incometax act, 1961. Now, therefore,the following order is hereby madeit is hereby declared a that the arrangements specified in the agreement set out in the schedule to this order shall apply between the government of the federal republic of nigeria and the. Mauritius and ghana have embarked on a new chapter of cooperation with the signing of a double taxation avoidance agreement dtaa and the agreed minutes of proceedings following the inaugural meeting of the mauritiusghana permanent joint commission on bilateral cooperation held on 10 march 2017 in mauritius. Ireland arrangements were made among other things for the avoidance of double taxation. Ghana, switzerland double taxation agreement comes into. On june 2019, ireland and switzerland signed a protocol amending the existing dta and amending protocols between ireland and switzerland. Ghana has double taxation agreements with 11 countries by. It is similar in detail to other african countries, particularly south africas neighbours. Convention between the kingdom of the netherlands and the republic of uganda for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income chapter i scope of the convention article 1 persons covered this convention shall apply to persons who are residents of one or both of the contracting states. If income earned by a citizen of ghana outside of ghana is not remitted into the country, that income is not taxed.
Double taxation agreement dta is an agreement between two countries that a person living in one country shall not be taxed in both countries on the income earned in the other country. Ghana has double taxation agreements with 11 countries by end. The move is to facilitate crossborder trade and investment through the elimination of tax impediment to crossborder flows. The prevention or elimination of international double taxation in respect of the.
India and china amended the double taxation avoidance agreement between the two countries through a protocol signed on november 26, 2018. Agreement for avoidance of double taxation and prevention of fiscal evasion with uganda. Double taxation agreements are reproduced under the terms of. Jun 05, 2017 ghana has signed tax treaties, commonly referred to as double taxation agreements with 11 countries. Switzerland and germany sign double taxation agreement and declaration on the initiation of negotiations on tax matters last modification. The 1977 switzerland uk double taxation convention entered into force on 7 october 1978. Ghana and republic of ireland sign agreement for the. The convention entered into force on april 30, 2001, upon the exchange of the relevant instruments of ratification in. Ghana and denmark have signed a double taxation agreement, moving the bilateral cooperation between the two countries to another level. Furthermore, he was pleased with the close work between treasury and sars. The government of the republic of south africa and the government of the republic of ghana desiring to conclude a convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains, have agreed as follows. Desiring to conclude a convention for the avoidance of double. Ghana has signed tax treaties, commonly referred to as double taxation agreements with 11 countries.
Ghana and republic of ireland sign agreement for the avoidance of double taxation feb 08 2018 accra february 7, 2018 the minister of finance, ken oforiatta has reiterated the need for cooperation and knowledge sharing between ghana and ireland, especially in the area of education, communication technology, financial services, and health care. Ghana, mauritius sign double taxation agreement ghana. The agreement which was ratified by the parliaments of the two countries in 2009 was signed in july. Mauritius and ghana have embarked on a new chapter of cooperation with the signing of a double taxation avoidance agreement dtaa and the agreed minutes of proceedings following the inaugural meeting of the mauritius ghana permanent joint commission on bilateral cooperation held on 10 march 2017 in mauritius. Mar 26, 2015 the treaty, double tax convention dtc, is one of the 91 bilateral tax treaties ghana has signed with the netherlands and it is to avoid the collection of taxes from businessmen operating between. The minister for finance and economic planning, mr. Double taxation relief ships and aircraft swiss federation order, 1988 signed. Double taxation agreements are reproduced under the terms. Double taxation avoidance agreement between philippines.
Convention between the republic of the philippines and the swiss confederation for the avoidance of double taxation with respect to taxes on income the government of the republic of the philippines and the swiss federal. Double taxation avoidance agreement between indonesia and. Agreement between the government of republic of india and the swiss confederation for avoidance of double taxation with respect to taxes on income notification g. A tax treaty is also referred to as a tax convention or double tax agreement dta. Tax treaties are formal bilateral agreements between two jurisdictions. Ghana and mauritius have signed a treaty, the double taxation avoidance agreement dtaa, to avoid or eliminate double taxation of the same income in the two countries. Double taxation agreements with the netherlands, ghana and. Double taxation relief between the federal republic of. The protocol amends the existing provisions for exchange of information and will now adhere to international standards for the same. In nigeria, the oecd model has served as the basis on which most of the current double taxation treaties dtts with other countries have been formulated.