Article 2 

Annual tax shall be imposed on the taxpayer's taxable income derived from sources in the State during the previous taxable year.Notwithstanding the provisions of the previous paragraph, tax shall also be imposed on the following: 1- Bank interest and returns gained outside the State provided that they are derived from amounts resulting from the activity of the taxpayer in the State; 2- Commissions earned through agency, brokerage or commercial representation agreements accrued outside the State in respectof activities carried on in the State.

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Article 3 

Income derived from the State shall include: Gross income derived from an activity carried on in the State. Gross income derived from contracts wholly or partly performed in the State. Gross income from real estate situated in the State including the sale of shares in companies or partnerships the assets of which consist mainly of real estate situated in the State. Gross income from shares in companies resident in the State or listed on its stock markets; Consideration for services paid to head offices, branches or related companies. Interest on loans obtained in the State. Gross income from the exploration, extraction or exploitation of natural resources situated in the State. Gross income subject to tax in the State under a double taxation agreement.