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Treaty between United Arab Emirates and Spain signed — Orbitax Tax News & Alerts

United Arab Emirates and Spain signed a first-time income and capital tax treaty on 5 March 2006. Further details of the treaty will be reported subsequently.

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Zimbabwe Introduces 1% Tax on Foreign Payments and Other Measures to Address Inflation and Support the Local Currency

On 28 May 2023, Zimbabwe's Ministry of Finance and Economic Development, Mthuli Ncube, issued a Statement on Measures to Stabilize the Economy (third...

Danish Parliament Approves Termination of Tax Treaty with Russia

On 2 June 2023, the Danish parliament approved Bill L 124, which provides for the termination of the 1996 tax treaty with Russia. As previously repor...

UAE Ministry of Finance Issues Ministerial Decisions on Transfers within a Qualifying Group, Business Restructuring Relief, and Determining Taxable Income

The UAE Ministry of Finance has announced the issuance of Ministerial Decision No 132 of 2023 on Transfers within a Qualifying Group, Ministerial D...