According to a recent announcement by Japan's Ministry of Finance, the income tax treaty between Japan and the United Emirates will enter into force on 24 December 2014. The treaty, signed 2 May 2013, is the first of its kind between the two countries and will apply from 1 January 2015. Taxes Covered The treaty covers U.A.E income tax and corporation tax, and Japanese income tax, corporation tax, special income tax for reconstruction, special corporation tax for reconstruction and local inhabitant tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly or indirectly holding at...