Jordan, UAE in talks to sign double taxation avoidance deal

AMMAN — Jordan and the United Arab Emirates (UAE) on Tuesday started the fifth round of talks on double taxation avoidance, a statement issued by the Income and Sales Tax Department (ISTD) said Tuesday, adding that negotiations are set to continue for three days.

A final agreement to avoid double taxation between the two countries is exoected to be signed soon, ISTD Director General Bashar Nasser said.  Nasser said that Jordan is seeking to boost economic and taxation cooperation with Arab and foreign countries in a bid to stimulate investments in the Kingdom.