Spain and Germany sign new agreement to avoid double taxation and prevent tax evasion

When it comes into force (within a period of three months from the time it is ratified), this new agreement will replace an older agreement that was signed in Bonn on 5 December 1966 and that still remains in force.

The new agreement means an update to the content of the old agreement, which has become rather out-dated in certain regards due to the many years that have passed since it originally came into force.

This update has enabled the new text to be adapted to both the requirements arising from current economic and trade relations between Spain and Germany and to the successive changes that have taken place to the OECD Model Agreement to avoid double taxation.