The income tax treaty between Macedonia and the United Arab Emirates entered into force on 7 February 2017. The treaty, signed 26 October 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Macedonian personal income tax and profit tax, and covers U.A.E. income tax and corporate tax. Withholding Tax Rate Dividends - 5% Interest - 5% Royalties - 5% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains from the alienation of immovable property situated in the other State; Gains...