The income tax treaty between Macedonia and the United Arab Emirates entered into force on 7 February 2017. The treaty, signed 26 October 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Macedonian personal income tax and profit tax, and covers U.A.E. income tax and corporate tax.
Withholding Tax Rate
- Dividends - 5%
- Interest - 5%
- Royalties - 5%
Capital Gains
The following capital gains derived by a resident of one Contracting State may be tax…