The income and capital tax treaty between Azerbaijan and Kuwait was signed on 10 February 2009 and entered into force on 18 April 2012. 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 on natural persons, tax on property, and land tax. It covers the following Kuwaiti taxes: Corporate income tax; The contribution from the net profits of the Kuwaiti shareholding companies payable to the Kuwait Foundation for Advancement of Science (KFAS); The Zakat; and The tax subjected according to the supporting of...