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| October 25, 2015

New Tax Information Exchange Agreements

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The Czech Republic entered into a new tax information exchange agreement with the Bahamas. The exchange of information involves all known taxes in both countries and should become effective as of 1 January 2016. There are other new agreements in the legislative process with tax havens such as Monaco, The Cook Islands and The Netherlands. In case of the Netherlands goes more or less of an “update” of the Art. 26 of the obsolete double tax treaty.

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