Article 1
Persons Covered
This Convention shall apply to persons who are residents of one or both of the Contracting States
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June 26, 2026
Convention between the Government of the REPUBLIC OF PANAMA and the Government of the UNITED ARAB EMIRATES for the avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income
[GTL Notes - See Protocol 1]
The Government of the Republic of Panama and the Government of the United Arab Emirates, desiring to promote their mutual economic relations through the conclusion between them of a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, have agreed as follows:
Contents
CHAPTER I - SCOPE OF THE CONVENTION
Article 1 - Persons Covered
Article 2 - Taxes Covered
Article 3 - Income From Hydrocarbons
CHAPTER II - DEFINITIONS
Article 4 - General Definitions
Article 5 - Resident
Article 6 - Permanent Establishment
CHAPTER III - TAXATION OF INCOME
Article 7 - Income From Immovable Property
Article 8 - Business Profits
Article 9 - Shipping And Air Transport
Article 10 - Associated Enterprises
Article 11 - Dividends
Article 12 - Interest
Article 13 - Royalties
Article 14 - Capital Gains
Article 15 - Independent Professional And Technical Services
Article 16 - Income From Employment
Article 17 - Directors' Fees
Article 18 - Artistes And Sportspersons
Article 19 - Pensions
Article 20 - Government Service
Article 21 - Teachers And Researchers
Article 22 - Students
Article 23 - Other Income
CHAPTER IV - METHODS FOR ELIMINATION OF DOUBLE TAXATION
Article 24 - Elimination Of Double Taxation
CHAPTER V - SPECIAL PROVISIONS
Article 25 - Non Discrimination
Article 26 - Mutual Agreement Procedure
Article 27 - Exchange Of Information
Article 28 - Members Of Diplomatic Missions And Consular Posts
Article 29 - Miscellaneous Rules
CHAPTER VI - FINAL PROVISIONS
Article 30 - Entry Into Force
Article 31 - Termination
Protocol