The pending income and capital tax treaty between Belize and the United Arab Emirates was signed on 1 October 2015. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Belize income and business tax, sales tax, and land tax. It covers U.A.E. income tax and corporation tax. Income from Hydrocarbons Article 3 (Income from Hydrocarbons) provides that the treaty will not affect the right of either one of the Contracting States to apply their domestic laws and regulations related to the taxation of income and profits derived from hydrocarbons and its associated...