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14.05.2006 On 5 and 13 March 2006 respectively, The United Arab Emirates signed income tax treaties with Spain and Malta. The UAE is the 1st Gulf Cooperation Council (GCC) country that signed an income tax treaty with Spain.
The above-mentioned treaties allow avoiding double taxation on income and capital in both Spain and Malta.
On 21 March 2006, Malta signed a tax treaty also with Singapore. It will facilitate bilateral trade and investment as well as encourage the cross-flow of financial activities.
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