According to recent reports, the United Arab Emirates has ratified the pending income tax treaty with Japan. The treaty, signed 2 May 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 Japanese income tax, corporation tax, special income tax for reconstruction, special corporation tax for reconstruction and local inhabitant tax.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company dir…