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FINANCIAL NEWS
UAE, Venezuela sign taxation agreement
08 Jun 2010
(MENAFN) The UAE Ministry of Finance said that it has signed an agreement of double taxation avoidance and tax evasion prevention on income and capital with the Bolivarian Republic of Venezuela, WAM reported.
The ministry said in a statement that the agreement is in line with UAE?s efforts to strengthen financial relations with various foreign countries, and supporting investment promotion and economic development and cooperation.
This is the first such agreement signed by the UAE with a Latin American country, and signals the start of negotiations with other nations in the continent.
It is worth mentioning that the agreement covers all types of taxes on income and capital.
More News
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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