Tax Treaty between Japan and the U.A.E to Enter into Force

According to a recent announcement by Japan's Ministry of Finance, the income tax treaty between Japan and the United Emirates will enter into force on 24 December 2014. The treaty, signed 2 May 2013, is the first of its kind between the two countries and will apply from 1 January 2015.

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 i…