The income and capital tax treaty between Saint Kitts and Nevis and the United Arab Emirates was signed on 24 November 2016. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Saint Kitts and Nevis general income tax on individuals and on bodies corporate and proprietorships. It covers U.A.E. income tax and corporation tax.
Income from Hydrocarbons
Article 3 (Income from Hydrocarbons) provides that the treaty will not affect the right of eith…