The Income Tax Agreement between the United Arab Emirates (UAE) and the United Kingdom (UK) has been come into force on 25th December 2016 for avoiding double taxation and it was signed on 12th April 2016. In accordance with article 26, the provisions of the agreement applies from 1st January 2017 regarding withholding tax rates and other taxes. In terms of individual tax, this takes effect in the UK from 6th April 2017. The UK ratified the treaty on 13th July 2016. Again, the UAE Supreme Council has issued the Federal Decree No. 243 on 25 December 2016 for ratifying the treaty for the UAE.
Related Posts
UK lists territories with qualifying IIR and DMTT under Pillar Two rules
April 04, 2025
The UK’s Pillar Two Multinational Top-up Tax (MTT) rules recognise certain foreign income inclusion rules (IIR) and domestic top-up taxes as "qualifying" if they align with OECD standards. To provide clarity, the government introduced regulations
Read More
UK consults advance tax clearance service for large innovative investment projects, transfer pricing treatment of CCAs
April 04, 2025
The Chancellor of the Exchequer announced that the government launched a consultation on a proposed new service aimed at providing advance statutory certainty on the application of UK corporation tax rules for businesses undertaking the "very
Read More
UK: HMRC announces increase in late payment interest rates for unpaid taxes
April 02, 2025
The UK’s tax, payments and customs authority (HMRC) has published a policy paper on 26 March 2025 outlining an increase in the late payment interest rate for unpaid tax liabilities by 1.5 percentage points. This change will take effect from 6
Read More
UK: HMRC launches consultation on tax certainty for major projects
April 02, 2025
The UK’s tax, payments and customs authority (HMRC) has initiated a public consultation on 26 March 2025 to gather opinions on a new process that aims to provide major projects with greater certainty regarding the tax that will apply in
Read More
Peru advances tax treaty talks with Australia, France, Saudi Arabia, Singapore, UAE
March 25, 2025
The Peruvian Ministry of Economy and Finance announced that it is working to finalise tax treaty negotiations with Australia, France, Saudi Arabia, Singapore, and UAE on 20 March 2025. Peru has signed 10 agreements that provide a secure and
Read More
UAE: FTA reminds taxpayers to comply with corporate tax obligations by end of March deadline
March 25, 2025
The UAE Federal Tax Authority (FTA) issued a statement on 19 March 2025, reiterating that if a natural person conducts a business or business activity in the UAE during a calendar year, or subsequent years, and its total revenue in that calendar
Read More