Officials from Australia and Portugal signed an income tax treaty on 30 November 2023. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Australian income tax, resource rent taxes, and fringe benefits tax, and covers Portuguese personal income tax, corporate income tax, and surtaxes on corporate income tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities of both States will determine its residence for the purpose of the treaty through mutual agreement, having regard to its place of effective management, the place...