Various tax treaties

24.06.2021

Double Taxation Treaties (DTTs) between the following markets were signed and came into force with the rates as indicated in the following table:

New or amended double taxation treaties

Markets

Date signed

(Conclusion date)

Date in force

Applicable

(Effective date)

Max DTT rates (%)

Equities

Debts

Spain

Azerbaijan

23 April 2014

13 January 2021

1 January 2022

10

8

Cambodia

South Korea

25 November 2019

13 January 2021

1 January 2022

10

10

Japan

Spain

16 October 2018

1 May 2021

1 January 2022

5

0

Japan

Peru

18 November 2019

29 January 2021

1 January 2022

10

10

Romania

Spain

18 October 2017

14 January 2021

1 January 2022

5

3

Argentina

Qatar

19 April 2018

29 January 2021

1 January 2022

15

12

Switzerland

Brazil

3 May 2018

16 March 2021

1 January 2022

15

15

Switzerland

Saudi Arabia

18 February 2018

1 April 2021

1 January 2022

15

5

Spain

China

28 November 2018

2 May 2021

2 May 2021

10

10

Hungary

Iraq

22 November 2016

16 May 2021

1 January 2022

5

5

Terminated double taxation treaties

Markets

Effective date of termination

Denmark

Trinidad and Tobago

1 January 2022

Belarus

Spain

1 January 2022

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.