Limited Air/Shipping Agreements

Latvia and the United Arab Emirates- Air Services Agreement

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Air services agreement was signed between Latvia and the United Arab Emirates.

The agreement proposes to establish a legal framework to remove the double taxation of international airlines from the two countries.

The agreement was signed in New York on 25 September 2014 and it will enter into force after the exchange of ratification instruments.

Guidelines on the France-Portugal Income Tax Treaty

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The Tax Administration of France issued on 25 June 2014 guidelines for those workers who work on ships and aircraft in international traffic under the France-Portugal Income Tax Treaty of 1971.

Under provision of paragraph 3 of Article 16 of the treaty, income of those workers who work on ships or aircraft in international traffic will be taxable in both states, where their place of effective management is situated, and in the state in which they are resident. The state of residence of the worker should eliminate any double taxation.