Agreement Agreement Between the United Arab Emirates and the Republic of Austria for the Elimination of Double Taxation with Respect to Income Taxes and for the Prevention of Tax Evasion and Avoidance

Amended by virtue of

The protocol dated 01/07/2021*^[2]

Ratified by virtue of

Federal Decree No. 13/2022 dated 31/01/2022.

The text of the preamble to the Agreement was replaced by virtue of Article 2 of the Protocol issued on 01/07/2021, ratified by Federal Decree No. 13/2022 dated 31/01/2022, and became as what follows:

The United Arab Emirates State and the Republic of Austria,

Desiring to further develop their economic relationship and to enhance their cooperation in Tax matters,

Intending to eliminate double taxation in respect of taxes on income without creating opportunities for non-taxation or reduced taxation through Tax evasion or avoidance (Including through Tax treaty abuse arrangements aimed at obtaining exemptions provided for in this Agreement for the indirect benefit of the residents of a third State),

Have agreed as follows:

Article 1 - Persons covered by the Agreement

Notes

^
The title of the Agreement (Agreement between the United Arab Emirates State and the Republic of Austria with respect to Income Taxes) was deleted and replaced by the above-mentioned new title, by virtue of Article 1 of the Protocol issued on 01/07/2021, ratified by Federal Decree No. 13/2022 dated 31/1/2022; therefore, a mention is in order.
^
Article 9 of this Protocol provides as what follows:1- This Protocol shall be ratified, and the instruments of ratification shall be exchanged as soon as possible.2- This Protocol shall enter into effect on the first day of the third month following the day in which the exchange of the instruments of ratification takes place, and its provisions shall be applicable:a- With respect to taxes withheld at source, and the amounts paid after December 31 of the calendar year in which the exchange of the instruments of ratification takes place.b- With respect to other taxes, for any fiscal year beginning after December 31 of the calendar year in which the exchange of the instruments of ratification takes place.3- This Protocol shall form an integral part of the Agreement and shall be terminated at the time of termination of the Agreement.In Witness Whereof, the undersigned, duly authorised by their respective Governments, have signed this Protocol.This Agreement is made in two original copies in Dubai on 01 July 2021 in Arabic, German, English, and each text being equally authentic. In case of divergence between the texts, the English text shall prevail.