Tax Treaty developments GCC Member States

Benin approves Double Tax Treaty with UAE

On 30 April 2024, the National Assembly of the West-African nation Benin approved the Double Tax Treaty (DTT) with the United Arab Emirates (UAE). We will report on further developments as they occur.

 

Mauritius National Assembly approves Double Tax Treaty with Saudi Arabia

On 10 May 2024, the National Assembly of Mauritius approved the DTT with the Kingdom of Saudi Arabia (KSA), which was signed in December 2018. Further developments will be reported as they occur.

 

Qatar and Iraq initial a Double Tax Treaty

According to a press release of 4 May 2024 by the Iraqi Ministry of Foreign Affairs, Qatar and Iraq have initialed a DTT on 25 April 2024. We will report on further developments as they occur.

 

Papua New Guinea and UAE work towards a Double Tax Treaty between the two nations

According to a press release of 9 May 2024 by the Papua New Guinean Ministry of International Trade and Investment, Papua New Guinea and the UAE are working towards the conclusion of several bilateral agreements, including a DTT. We will report on further developments as they occur.

 

Qatar and Saudi Arabia sign Double Tax Treaty

According to a press release of 30 May 2024, Qatar and the KSA have signed a DTT. We will report on further developments as they occur.

 

KSA Council of Ministers approves Double Tax Treaty with Slovak Republic

On 14 May 2024, the KSA Council of Ministers approved the DTT between the KSA and Slovak Republic. The DTT will enter into force on 1 August 2024, and it will generally apply from 1 January 2025 for withholding and other taxes. Further developments will be reported as they occur.

 

Ivory Coast approves Double Tax Treaty with Qatar

On 22 May 2024, the Council of Ministers of Ivory Coast approved the DTT between Ivory Coast and Qatar. Further developments will be reported as they occur.

 

The Czech – UAE Double Tax Treaty enters into force

On 13 May 2024, the DTT between the Czech Republic and the UAE entered into force, replacing the existing DTT from 1996. The DTT generally applies from January 2025 for withholding and other taxes.

 

Croatia and KSA conclude negotiations for Double Tax Treaty

According to a press release of 17 May 2024, published by the Croatian Tax Administration, Croatia and the KSA have successfully concluded the negotiations for a DTT between the two countries. We will report on further developments as they occur.

 

Oman and Ireland sign Double Tax Treaty

According to a press release of 30 May 2024 by the Omani Tax Authority, Oman and Ireland have signed a DTT between the two countries. Further developments will be reported as they occur.

 

Qatar and UAE sign Double Tax Treaty

According to a press release of 30 May 2024 by the Qatari Ministry of Finance, Qatar and the UAE have signed a DTT. We will report on further developments as they occur.

 

Government of Estonia approves Double Tax Treaty with Qatar

On 30 May 2024, the Estonian government approved a draft law on the DTT between Estonia and Qatar. Further developments will be reported as they occur.

 

Kuwait and Pakistan agree on Memorandum of Understanding for revised Double Tax Treaty

According to a press release of 31 May 2024, Kuwait and Pakistan agreed to formalize a MoU for a revised version of the DTT between the two countries. We will report on further developments as they occur.

 

Kuwait approves Double Tax Treaty with the UAE

On 8 July 2024, the Kuwaiti Council of Ministers approved the DTT between Kuwait and the UAE. Further developments will be reported as they occur.

 

Eswatini and the UAE are negotiating a Double Tax Treaty

According to a press release of 20 August 2024 from the Eswatini government, Eswatini and the UAE are currently negotiating a DTT between the two countries.

 

Saudi Arabia authorizes the signing of a Double Tax Treaty with Kuwait

On 23 July 2024, the Council of Ministers of Saudi Arabia authorized the signing of a DTT with Kuwait. We will report on further developments as they occur.

 

Iran and Saudi Arabia reach consensus on Double Tax Treaty

According to 14 July 2024 press release, Iran and Saudi Arabia have reached an agreement on the draft text of a DTT between the two jurisdictions. Further developments will be reported as they occur.

 

Saudi Arabia approves Double Tax Treaty with Gambia

On 23 July 2024, the Council of Ministers of Saudi Arabia approved the DTT with Gambia, which was signed on 9 November 2024. We will report on further developments as they occur.

 

Egypt approves Double Tax Treaty with Oman

On 9 July 2024, the Council of Ministers of Egypt approved the DTT with Oman. Further developments will be reported as they occur.

 

Conclusion

The GCC Member States continue expanding and updating their Double Tax Treaty networks for the benefit of international businesses