04 May 2016
TUNIS, (TAP) - The House of People's Representatives (HPR) has approved at a plenary session on Tuesday the protocol signed on July 8, 2014 in Brussels on the amendment to the agreement signed in Luxembourg between Tunisia and the Grand Duchy of Luxembourg (March 1996) to avoid double taxation and fight against tax evasion.
TUNIS, (TAP) - The House of People's Representatives (HPR) has approved at a plenary session on Tuesday the protocol signed on July 8, 2014 in Brussels on the amendment to the agreement signed in Luxembourg between Tunisia and the Grand Duchy of Luxembourg (March 1996) to avoid double taxation and fight against tax evasion.
The purpose of this amendment is to broaden the area of exchange of information, in accordance with the amendments introduced by the Organisation for Economic Co-operation and Development (OECD) to avoid double taxation and fight tax evasion concerning taxes on income and capital.
The protocol (single article) commits both countries to exchange information on non-resident persons and present them to the requesting party.
According to the same protocol, the two countries can take notice of and co-operate in information on banks to prosecute tax evasion crimes.
© Tunis-Afrique Presse 2016
