New International Treaties30/06/12 / cata_tax-news

Treaties with Saudi Arabia, Colombia and Austria

Three new double taxation avoidance treaties (double tax treaties) entered into recently with Saudi Arabia, Colombia and Austria are awaiting ratification by the Chamber of Deputies of the Parliament of the Czech Republic. After the legislative procedure is completed, the treaty with Austria will supersede the currently applicable treaty, No. 31/2007 Coll. Int. T.

Further, the double tax treaty entered into by and between the Czech Republic and Barbados took force on 6 June 2012, shall take effect as of 1 January 2013, and should soon be published in the Collection of International Treaties.