The income tax treaty between Israel and the United Arab Emirates entered into force on 29 December 2021. The treaty, signed 31 May 2021, is the first of its kind between the two countries. Taxes Covered The treaty covers Israeli income tax and company tax (including tax on capital gains) and tax imposed on gains from the alienation of property according to the Real Estate Taxation Law. It covers UAE income tax and corporate tax. Residence If a person other than an individual is considered resident in both Contracting States, such person shall not be considered a resident of either...