According to a recent update from the UAE Ministry of Finance, the new income tax treaty with Egypt entered into force on 19 April 2021. The treaty, signed 14 November 2019, replaces the 1994 tax treaty between the two countries. Taxes Covered The treaty covers Egyptian tax on income of individuals, tax on profits of legal entities, and tax withheld at source, and covers UAE income tax and corporate tax. Residence If a person, other than an individual, is considered a resident in both Contracting States, its residence for the purpose of the treaty will be determined by the competent...