The income and capital tax treaty between the United Arab Emirates and Uruguay reportedly entered into force on 13 June 2016. The treaty, signed 10 October 2014, is the first of its kind between the two countries.
Taxes Covered
The treaty covers U.A.E. income tax and corporate tax. It covers Uruguayan business income tax, personal income tax, non-residents income tax, tax for social security assistance and capital (wealth) tax.
Service PE
The treaty includes the provision that a permane…