Taxation of petroleum resources: UAE retains taxing rights; residential property occupied by nationals is exempt in the other State. The Protocol preserves the UAE's right to tax income from petroleum and natural resources under UAE law, subject to Article 5, and provides that residential property owned by a national of one Contracting State and occupied for self-residence in the other Contracting State is exempt in that other State from the taxes covered by the Agreement notwithstanding Articles 6 and 23; the Protocol is integral to the Agreement and the English text is operative in case of divergence.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Taxation of petroleum resources: UAE retains taxing rights; residential property occupied by nationals is exempt in the other State.
The Protocol preserves the UAE's right to tax income from petroleum and natural resources under UAE law, subject to Article 5, and provides that residential property owned by a national of one Contracting State and occupied for self-residence in the other Contracting State is exempt in that other State from the taxes covered by the Agreement notwithstanding Articles 6 and 23; the Protocol is integral to the Agreement and the English text is operative in case of divergence.
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