The new income tax treaty between Romania and the United Arab Emirates was signed 5 May 2015. Once in force and effective, the treaty will replace the 1993 tax treaty between the two countries, which is currently in force. Taxes Covered The treaty covers Romanian tax on income and tax on profit, and covers U.A.E. income tax and corporation tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine its residence for the purpose of the treaty through mutual agreement. If no agreement is reached, the company will not be entitled to claim...