OrbitaxProtocol to the Tax Treaty between Luxembourg and the U.A.E. has Entered into Force
|Treaty Development|Luxembourg-Untd A Emirates
On 11 December 2015, the protocol to the 2005 income and capital tax treaty between Luxembourg and the United Arab Emirates (U.A.E.) entered into force. The protocol, signed 26 October 2014, is the first to amend the treaty. The main amendments are summarized as follows.
Article 13 (Capital Gains)
Paragraph 4 of Article 13 is replaced so that gains from the alienation of shares, bonds and an…
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