The income and capital tax treaty between Azerbaijan and San Marino entered into force on 2 May 2016. The treaty, signed on 8 September 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Azerbaijan tax on profit of legal persons, income tax of physical persons, tax on property, and land tax. It covers San Marino general income tax on individuals and on bodies corporate and proprietorships.
Permanent Establishment
The treaty includes the provision t…