The Government of Jersey and the Government of the United Arab Emirates,
Desiring to promote their mutual economic relations through the conclusion between them of an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income,
Have agreed as follows:
This Agreement shall apply to persons who are residents of one or both of the Parties.
1. This Agreement shall apply to taxes on income imposed on behalf of a Party or any of its local governments or local authorities, irrespective of the manner in which they are levied.
2. There shall be regarded as taxes on income all taxes imposed on total income, or on elements of income, including taxes on gains from the alienation of movable or immovable property.
3. The existing taxes to which this Agreement shall apply are:
a. in the case of Jersey:
- income tax
(hereinafter referred to as "Jersey tax"); and
b. in the case of UAE:
- the income tax;
- the corporate tax
(her...