eprivateclient takes a look at the latest wealth news from the Middle East and Africa.

Switzerland and Kuwait have signed a protocol of amendment to the agreement for the avoidance of double taxation with respect to taxes on income and capital (DTA). The protocol improves matters for cross-border investments, enhances the dispute resolution mechanism and implements significant parts of the minimum standard for double taxation agreements. The protocol of amendment contains new rules for the taxation of dividends, interest and capital gains. It also adds an arbitration clause to the DTA. Finally, it contai...