OrbitaxProtocol to Tax Treaty between the U.A.E. and Greece Approved for Ratification
|Treaty Development|Untd A Emirates-Greece
On 12 May 2014, the Cabinet of the United Arab Emirates approved for ratification the protocol amending its pending treaty with Greece. The treaty was signed 18 January 2010 and the protocol was signed 7 June 2013. Both the treaty and the protocol were ratified by Greece in February 2014. The main amendments of the protocol include:
- An increase in the withholding rate on royalties from 5% to 1…
