Important changes have been made to the UAE-UK Double Tax Avoidance Agreement (DTAA)

adminEconomic Substance, Standard

Double Tax Avoidance Agreements (DTAA’s) allow companies who conduct business internationally to minimise their overall tax burden.  DTAA’s were initially agreed for the purposes of avoiding double taxation on the same tax-payer, on the same tax-base. However, they have been used by some multinational organisations to avoid tax in a way that undermines the integrity and purpose of the treaties.  … Read More