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FINANCIAL NEWS
UAE, Ecuador sign deal to avoid double taxation on income
10 Nov 2016
(MENAFN) UAE has signed a deal with the Republic of Ecuador on the avoidance of double taxation on income.
Accordingly, the agreements signed on the avoidance of double taxation on income reflect the UAE”s efforts to expand its network of global relations.
In addition, this will contribute to promote global trade, diversify sources of national income and attracting foreign investments from across the world.
Meanwhile, the signed deals help in achieving economic balance, particularly by exempting or cutting taxes on sovereign investments.
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