Agreement Establishing the Bank for Economic Cooperation and Development in the Middle East and North Africa

Parties with reservations, declarations and objections

Party	Reservations / Declarations	Objections
Italy	Yes	No
Japan	Yes	No

Italy

01-06-1999

With reference to article 39 b) of the Agreement, the Government of the Italian Republic retains the right to tax not only its own citizens or nationals, but also those foreign citizens who reside permanently in Italy.

Japan

30-05-1997

With reference to the provisions of paragraph (b) of article 39 of [the said Agreement], it is hereby declared that Japan retains for itself and its political subdivisions the right to tax salaries, expense allowances, and emoluments paid by the said Bank to its nationals.