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U.A.E Ratifies Tax Treaty with Slovenia

26 September 2014

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Treaty Development

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Untd A Emirates-Slovenia

According to recent reports, the United Arab Emirates has ratified the pending income tax treaty with Slovenia. The treaty, signed 12 October 2013, is the first of its kind between the two countries. Taxes Covered The treaty covers U.A.E income tax and corporation tax, and Slovenian tax on income of legal persons and tax on income of individuals. Withholding Tax Rates Dividends - 5% Interest - 5% Royalties - 5% Double Taxation Relief Both countries apply the credit method for the elimination of double taxation. Entry into Force and Effect The treaty will enter into force once the ratification instruments...