Kuwait–UAE Tax Treaty Newsletter – July 2024 Edition
On 14 July 2024, Kuwait ratified Decree No. 7 of 2024, approving the Double Taxation Avoidance Agreement (DTAA) with the United Arab Emirates. This newsletter provides key insights into the treaty’s provisions and what they mean for cross-border taxation.
What’s Inside:
- Key definitions of tax residency and permanent establishments
- Withholding rules on dividends, interest, and royalties
- Capital gains tax implications for share disposals
- Tax credit mechanics and unresolved treaty questions