author_orbitax
Orbitax

Share This Article

Tax Treaty between Mali and Monaco has Entered into Force

06 October 2016

|

Treaty Development

|

Mali-Monaco

On 30 September 2016, it was announced in Monaco's Official Journal that the income tax treaty with Mali entered into force on 1 August 2016. The treaty, signed 13 February 2012, is the first of its kind between the two countries. Taxes Covered The treaty covers Monaco profits tax, and covers Malian: Tax on wages and salaries; Tax on business profits; Corporation tax; Tax on property income; Tax on income from securities; Tax on agricultural profits; Tax on capital gains on disposals; Mining royalties; License tax; and Special tax on revaluation of immovable property. Service PE The treaty includes the...