The income and capital tax treaty between Azerbaijan and San Marino was signed on 8 September 2015. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Azerbaijan tax on profit of legal persons, income tax of physical persons, tax on property, and land tax. It covers San Marino general income tax on individuals and on bodies corporate and proprietorships. Permanent Establishment The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services through employees or other engaged personnel for the same or connected project for...