The governments of Malaysia and Venezuela have signed an agreement to avoid double taxation during an official visit by the Venezuelan leader Hugo Chavez.
The agreement was signed on Monday by Malaysian Minister of Finance Nour Mohammed Yacoub and Venezuelan Foreign Minister Nicolas Maduro Moros.
In a statement, the Venezuelan government said that the agreement will help the two nations fight "bias caused by imposing overlapping, similar taxes on taxpayers in the countries concerned" whilst encouraging the reduction of tax barriers that hinder bilateral investments.
The agreement also enhances cooperation on the prevention of fiscal evasion.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment