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 | |||
Germany - Israel | 21 August 2014 | 9 May 2016 | 5% | 10% |
Hungary - Turkmenistan | 19 November 2016 | 19 November 2016 | 10% | 15% |
Ireland - Pakistan a | 16 February 2015 | 11 October 2016 | 10% | 10% |
Republic of Korea - India | 18 May 2015 | 12 September 2016 | 10% | 15% |
Republic of Korea - Serbia | 22 January 2016 | 17 November 2016 | 10% | 10% |
Republic of Korea - Tajikistan | 31 July 2013 | 28 September 2016 | 8% | 10% |
Republic of Korea - Turkmenistan | 13 April 2015 | 26 November 2016 | 10% | 10% |
Russia - Singapore | 17 November 2015 | 25 November 2016 | 0% | 10% |
Sweden - Saudi Arabia | 19 October 2015 | 31 August 2016 | 0% | 10% |
Switzerland - Liechtenstein | 10 July 2015 | 22 December 2016 | 0% | 15% |
Switzerland - Oman | 22 May 2015 | 13 October 2016 | 15% | 5% |
Portugal - Bahrain | 26 May 2015 | 1 November 2016 | 10% | 15% |
Singapore - Laos | 21 February 2014 | 11 November 2016 | 5% | 8% |
United Kingdom - Uruguay | 24 February 2016 | 14 November 2016 | 10% | 15% |
a. This treaty applies from 1 January 2017 (Ireland) and 1 July 2017 (Pakistan).
Unless otherwise indicated, these treaties generally apply from 1 January 2017.
Our Market DTT information 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. |