Japan will launch negotiations for bilateral tax treaty with Qatar aimed at helping businesses and investors avoid double taxation involving the two countries, the Foreign Ministry announced Friday. The first round of talks will be held here on December 8, the ministry said in a press release.
Tax conventions are intended to curb double taxation for companies and individuals engaged in trade and capital transactions between two nations. Japan had signed such treaties with 63 nations, including Kuwait, Saudi Arabia and Oman, according to the Finance Ministry.
Source : KUNA Kuwait News agency
