The income and capital tax treaty between Luxembourg and Oman was signed on 16 October 2024. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Luxembourg income tax on individuals, corporation tax, capital tax, and communal trade tax. It covers Omani income tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities will determine the person's residence for the purpose of the treaty by mutual agreement, having regard to its place of effective management, the place where it is incorporated or otherwise constituted...