The income and capital tax treaty between Nigeria and the United Arab Emirates was signed on 18 January 2016. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Nigerian personal income tax, corporate income tax, petroleum profit tax, capital gains tax, tertiary education tax, and the information technology levy. It covers U.A.E. income tax and corporate 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...