On 20 August 2014, Venezuelan President Nicolas Maduro signed the law ratifying the pending income and capital tax treaty with Palestine. The treaty was signed 16 May 2014, and is the first of its kind between the two parties
The treaty covers the income taxes of both countries.
Both parties apply the credit method for the elimination of double taxation.
The treaty will enter into force on the first day of the second month following the exchange of the ratification instruments, and will generally apply from 1 January of the year following its entry into force.
We’re here to answer any questions you have about the Orbitax products and services.
We’re committed to providing high value, low cost tax research and management solutions.
Our Twitter account is where you can find latest information, news updates, offers and lots more.