Gulf News

UAE, Jersey sign double taxation treaty

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UAE yesterday signed an agreement to avoid double taxation on income with Jersey, at its premises in Dubai.

The agreement falls in line with the Ministry of Finance’s belief in the importance of strengthen­ing its network of internatio­nal relations with regards to the avoidance of double taxation on income. The agreement was signed by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, and Jersey’s Chief Minister, Senator Ian Gorst. It is the latest in a series of agreements between Jersey and the UAE on financial issues. (WAM)

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