background image
Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.

ARTICLE 24

Elimination of Double Taxation

(1) Double taxation shall be eliminated as follows:

  • (a) in the case of Cameroon:
    • (i) where a resident of Cameroon derives income which, in accordance with the provisions of this Convention may be taxed in United Arab Emirates, Cameroon shall, subject to the provisions of paragraph (2) and (3), exempt such income from tax;
    • (ii) where a resident of Cameroon derives items of income which, in accordance with the provisions of Articles 11, 12 and 13, may be taxed in United Arab Emirates, Cameroon shall allow as a deduction from the tax on the income of that resident an amount equal to the United Arab Emirates tax paid. Such deduction shall not, however, exceed that part of the tax, as computed before deduction is given, which is attributable to such items of income derived from United Arab Emirates;
  • (b) in case of the United Arab Emirates:
    • (i) where a resident of the United Arab Emirates derives income which, in accordance with the provisions of this Convention, may be taxed in the Republic of Cameroon, the United Arab Emirates shall allow as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in the Republic of Cameroon; Such deduction shall not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income which may be taxed in the Republic of Cameroon.

(2) Where in accordance with any provision of the Convention income derived by a resident of a Contracting State is exempt from tax in that State, such State may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.