According to recent reports, the United Arab Emirates has ratified the pending income tax treaty with Benin. The treaty, signed 4 March 2013, is the first of its kind between the two countries.
Taxes Covered
The treaty covers U.A.E income tax and corporation tax, and Benin personal income tax, corporate tax and single trade tax.
Withholding Tax Rates
- Dividends - 0 %
- Interest - 0%
- Royalties - 0%
Double Taxation Relief
Both countries apply the credit method for the elimination of d…