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Italy Approves Pending Tax Treaties with China and Uruguay

24 June 2019

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Treaty Development

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Italy-China-Uruguay

On 19 June 2019, the Italian Council of Ministers approved the laws for the ratification and execution of the pending tax treaties with China and Uruguay. The new tax treaty between China, signed 23 March 2019, will enter into force 30 days after the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. Once in force and effective, the new treaty will replace the 1986 tax treaty between the two countries. The tax treaty with Uruguay, signed 1 March 2019, is the first of its kind between the two countries and...