The Grand Duchy of Luxembourg is located at the crossroads of Europe and is based on a dynamic and open economy that actively promotes the development of cross-border trade and investment. Its important role in international trade in the banking and finance, investment fund and holding sectors has had the effect of developing a strong network of double taxation agreements over the years. To this end, Luxembourg has concluded more than 80 global double taxation agreements, based on the OECD`s model tax treaty on income and capital, to reduce the risk of double taxation for businesses. “In Australia, my colleague Mathias Cormann and I agreed that it was time for Luxembourg and Australia to consider the possibility of signing a double taxation agreement (DBA). Australia has a number of bilateral aging agreements with other countries. Here we present details of the agreements currently concluded by Australia, including: tax treaties are formal bilateral agreements between two jurisdictions. Australia has tax agreements with more than 40 jurisdictions. July 12, 2019. Act of 12 July 2019 applying a new double tax treaty with France, a double tax treaty with Kosovo and two protocols to the tax treaties with Belgium and Uzbekistan was published (Memorial A 495, 12 July 2019) A tax treaty is also called a tax agreement or double taxation agreement (DBA). They prevent double taxation and tax evasion and promote cooperation between Australia and other international tax authorities by enforcing their respective tax laws. Here you can find information on international tax treaties for Australian residents and non-residents.

We have included general information on tax treaties, other international tax agreements and bilateral supernuation agreements. Earlier this month, Luxembourg signed an automatic information agreement with Singapore, which is expected to come into force in January 2018 and which it believes will improve Luxembourg`s reputation as a financial centre. January 22, 2016. The protocol to the France-Luxembourg tax treaty amending Article 3 on the taxation of capital gains on participation in “real estate” companies comes into force on 1 February 2016 and applies from 1 January 2017 (Memorial A 6 of 22 January 2016).