According to an update from the Jersey government, the income tax treaty between Jersey and the United Arab Emirates entered into force on 15 February 2017. The treaty, signed 20 April 2016, is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Jersey income tax, and U.A.E. income tax and corporate tax. Income from Hydrocarbons Article 3 (Income from Hydrocarbons) includes the provision that the treaty will not affect the right of either Contracting Party to apply their domestic laws and regulations related to the taxation of income and profits derived from hydrocarbons and its...