THE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES AND THE GOVERNMENT OF THE UNITED ARAB EMIRATES FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL

The Government of the Republic of the Philippines and the Government of the United Arab Emirates  

Desiring to conclude an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, 

Have agreed as follows: 

Article 1 - PERSONS COVERED 

This Agreement shall apply to persons who are residents of one or both of the Contracting States. 

Article 2 - TAXES COVERED 

1. This Agreement shall apply to taxes on income and on capital imposed on behalf of a Contracting State or of its political subdivisions or local authorities, irrespective of the manner in which they are levied. 

2. There shall be regarded as taxes on income and on capital all taxes imposed on total income or on total capital, or on elements of income, including taxes on gains from the alienation of movable or immovable property.  

3. The existing taxes to which the Agreement shall apply are, in particul...