INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Qatar and Estonia sign agreement to avoid double taxation

The two sides sign an agreement in Doha. (QNA)
  • Qatar's finance minister said the agreement would contribute to supporting international standards of transparency through the exchange of information
  • It will enable both countries to come down hard on tax evasion, ensure justice and equality in the treatment of individuals, in addition to enhancing trade cooperation

Doha, Qatar–Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion.

The agreement was signed by Minister of Finance Ali bin Ahmed Al Kuwari and Minister of Economy and Information Technology in Estonia Tiit Riisalo.

Stressing the importance of the agreement, Al Kuwari said that it would contribute to supporting international standards of transparency through the exchange of documented financial information, noting that it comes in light of strengthening bilateral economic relations between the two countries.

The agreement aims at concluding tax agreements that eliminate all forms of double taxation between the two countries.

This agreement will enable both parties to prevent tax evasion, ensure justice and equality in the treatment of individuals, in addition to enhancing trade cooperation and increasing investment opportunities between governments and individuals.