According to a 2 August 2016 update from UK HMRC, the income and capital tax treaty with Senegal entered into force on 30 March 2016. The agreement, signed 26 February 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Senegalese income tax on companies, minimum income tax on companies, income tax on individuals, and capital gains tax on developed and undeveloped land. It covers UK income tax, corporation tax, and capital gains tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine the company's residence for...