Isle of Man, Qatar Sign Double Taxation Agreement
Type
E-journal
Date
9 May 2012
Jurisdiction
Qatar, Isle of Man
Taxonomy
Offences against the State & the General Public, Treaties & International Agreements, Anti-Avoidance, Income Tax, International Tax
Copyright
LexisNexis
Analysis
The Isle of Man has signed a double taxation agreement (DTA) with Qatar. The agreement will come into force once ratified by the Isle of Man and Qatari governments and relates to the avoidance of double taxation on income and fiscal evasion of income tax
The DTA was signed for the Isle of Man by the Treasury Minister, Eddie Teare MHK and for Qatar, by Qatar's Director of Public Revenues and Taxes, Mr Moftah Jassim Al Moftah.
The DTA will comprehensively address taxation issues arising in relation to the flow of business and any movement of people between the Isle of Man and Qatar, and closely follows the model text published by the OECD.
For the full text of the agreement see: http://www.gov.im/lib/docs/treasury/incometax/pdfs/InternationalAgreements/iomqatardta.pdf