According to an update from the UAE Ministry of Finance, the income tax treaty with Chile entered into force on 28 July 2022. The treaty, signed 31 December 2019, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Chilean taxes imposed under the Income Tax Act and covers UAE income tax and corporate tax.
Residence
If a person, other than an individual, is considered resident in both Contracting States, the competent authorities will determine the person…