Brazil has published Decree No. 10.705 26 May 2021, providing that the income tax treaty with the United Arab Emirates entered into force on 15 March 2021. The treaty, signed 12 November 2018, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Brazilian federal income tax and the social contribution on net profit (Contribuiçăo Social sobre o Lucro Líquido - CSLL) and covers UAE income tax and corporate tax.
Withholding Tax Rates
- Dividends - 5% if the be…