New international treaties30/09/12 / cata_tax-news

In an effort to help prevent tax evasion, on 4 July 2012 the governments of the Czech Republic and Republic of Panama signed a double tax treaty, including a protocol constituting an integral part of the treaty. Before the treaty can take force, further legislative decisions are necessary in both countries.

On 30 July 2012, the protocol to the double tax treaty concluded between the Czech Republic and the Republic of Croatia regarding income and property tax took force. The protocol, the text of which will also be published in the Collection of International Treaties, will be implemented in the two countries in the tax periods commencing on or after 1 January 2013.