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Update - Tax Treaty between Saint Vincent and the Grenadines and the UAE

06 April 2020

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Treaty Development

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St. Vincent-Untd A Emirates

The income and capital tax treaty between Saint Vincent and the Grenadines and the United Arab Emirates was signed on 26 November 2018. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Saint Vincent and the Grenadines personal income tax, corporate income tax, and PAYE. It covers UAE income tax and corporate tax. Income from Hydrocarbons Article 3 (Income from Hydrocarbons) provides that, notwithstanding any other provision of the treaty, nothing shall affect the right of the UAE, or of any of its local governments or local authorities thereof to apply their...