Tax Treaty developments GCC Member States
Bahrain signs Double Tax Treaty with UAE
On 11 February 2024, Bahrain signed a Double Tax Treaty (DTT) with the UAE, during the Annual Arab Fiscal Forum and the World Governments Summit, held in Dubai. We will report on further developments as they occur.
UAE and Egypt sign Protocol to Double Tax Treaty
On 11 February 2024, the UAE and Egypt have signed an amending Protocol to the DTT between the two jurisdictions. Further developments will be reported as and when they occur.
Kuwait signs Double Tax Treaty with UAE
On 11 February 2024, Kuwait signed a DTT with the UAE, during the Annual Arab Fiscal Forum and the World Governments Summit, held in Dubai. We will report on further developments as they occur.
Saudi Arabia authorizes signing of Double Tax Treaty with Iceland
On 20 February 2024, Saudi Arabia’s Council of Ministers authorized the signing of a DTT with Iceland. We will report on further developments as they occur.
Saudi Arabia and Serbia conclude negotiations for Double Tax Treaty
On 8 February 2024, Saudi Arabia and Serbia concluded negotiation to enter into a DTT between the two countries. Further developments will be reported as and when they occur.
Kuwait and Saudi Arabia express interest in Double Tax Treaty
On 31 January 2024, the governments of Saudi Arabia and Kuwait made public the interest of concluding a DTT between the two jurisdictions. We will report on further developments as they occur.
Slovak Republic ratifies Double Tax Treaty with Saudi Arabia
On 18 January 2024, the Slovak Republic ratified the DTT with Saudi Arabia, which was signed on 13 November 2023. Further developments will be reported as and when they occur.
Qatar and Tajikistan sign a Double Tax Treaty
On 22 January 2024, Qatar and Tajikistan signed a DTT. We will report on further developments as they occur.
Oman negotiates Double Tax Treaty with Azerbaijan
According to a press release of 16 February 2024, Oman and Azerbaijan have negotiated a DTT between the two countries. Whilst most DTT provisions appear to have been agreed between the two parties, discussions will continue at the next round of negotiation. Further developments will be reported as and when they occur.
Oman and Cyprus agree to finalize Double Tax Treaty
According to a press release of 28 January 2024, Oman and Cyprus have agreed to finalize a DTT between the two jurisdictions. We will report on further developments as they occur.
