»»Emirates and Netherlands Sign Double Taxation Pact
United Arab Emirates and Netherlands signed yesterday in Abu Dhabi a double taxation avoidance agreement.
The agreement means that companies will pay tax only in their home country, avoiding double taxation. Tax waiver agreements exempt countries from paying tax on income and capital in both countries.
The minister said the pact would enhance bilateral economic, commercial and tourism relations and would accelerate the flow of investments into the two countries.
(source)
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