UAE, Mexico sign deal to avoid double taxation

ABU DHABI — The UAE, represented by Ministry of Finance (MoF), has signed an agreement with Mexico to avoid double taxation on income at the Ministry’s headquarters in Abu Dhabi.

By (Wam)

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Published: Thu 22 Nov 2012, 10:23 PM

Last updated: Tue 7 Apr 2015, 2:46 PM

The agreement is aimed at strengthening mutual economic and trade relations and to develop investments between the two countries, where Mexico is currently the head of the G-20 countries.

Younis Haji Al Khouri, Undersecretary of MoF and Mexican Ambassador to the UAE, Francisco Alonso, signed the agreement on behalf of respective countries, in the presence of Khalid Ali Al Bustani, Assistant Undersecretary of International Financial Relations Sector at MoF and Dr Hamed Nasr, Economist at MoF.

The agreement included several financial and tax benefits for investments of the public and private sectors in the UAE, which allows the establishment of a strategic cooperation and integration with Mexico and other countries of Latin America.

Mexico is considered one of the most important emerging economies at the level of Latin American countries.



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