Various tax treaties
Double Taxation Treaties (DTTs) between the following markets were signed and came into force with the rates as indicated in the following table:
| Markets | Date signed | Date in force | Max DTT rate (%) | |
| Debt | Equities | |||
| France - Singapore | 15 January 2015 | 1 June 2016 | 10% | 15% |
| Japan - Taiwan | 26 November 2015 | 13 June 2016 | 10% | 10% |
| Norway - Romania | 27 April 2015 | 1 April 2016 | 5% | 10% |
| South Africa - Lesotho a | 18 September 2014 | 27 May 2016 | 10% | 15% |
| Sweden – Botswana b | 19 October 1992 | 18 December 1992 | 0% | 10% |
a. This treaty applies as of 26 June 2016.
b. According to art. 10.6 and 11.8 of the DTT between Sweden and Botswana, if Botswana has a DTT with another country and the DTT rate is less than 15%, that lower rate will then apply to the Swedish DTT.
Unless otherwise indicated, these treaties generally apply from 1 January 2017.
Our Market DTT information (France, Japan, Norway, Singapore, South Africa, Sweden, Taiwan) will be updated in due course to reflect the new treaties.
| This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice. |