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Arab Economic Unity Council Considering Tax Treaty Revisions — Orbitax Tax News & Alerts

The Arab Economic Unity Council reportedly met 22 April 2015 to discuss revisions to the income and capital tax agreement signed 3 December 1997. The 1997 agreement is intended to replace a 1973 agreement, but has not yet entered into force.

The Council countries and signatories to the agreement include Egypt, Jordan, Iraq, Kuwait, Sudan, Syria and Yemen.

The 1973 agreement was signed 3 December 1973, and has been in force since 13 July 1975.