Egypt, UAE sign complementary protocol to avoid double taxation

Finance Minister Mohamed Maait said Sunday that a complementary protocol signed with the UAE to avoid double taxation and prevent income tax evasion is meant to boost opportunities of investment cooperation in all fields.

The protocol was inked in Dubai today on the sidelines of the eighth Annual Arab Fiscal Forum. It comes amid global challenges that entail coordinated Arab efforts to handle the negative repercussions for supply and import chains, the minister said.