Zimbabwe Ratifies Pending Tax Treaty with the UAE

Zimbabwe ratified the pending income tax treaty with the United Arab Emirates via Statutory Instrument 284 of 2020, which was published on 4 December 2020. The treaty, signed 16 June 2018, is the first of its kind between the two countries.

Taxes Covered

The treaty covers UAE income tax and corporate tax, and covers Zimbabwe income tax, non-residents' shareholders' tax, non-residents' tax on interest, non-residents' tax on fees, non-residents' tax on royalties, and capital gains tax.

Inc…