Various tax treaties

31.05.2017

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

Luxembourg - Ukraine

30 September 2016

18 April 2017

10

15

Portugal - Ethiopia

25 May 2013

9 April 2017

10

15

South-Korea - Kenya

8 July 2014

3 April 2017

12

10 

Sweden - Armenia

9 February 2016 

1 June 2017

5

15  

Portugal -Andorra

27 September 2015

23 April 2017

10  

15  

Unless otherwise indicated, the treaties above generally apply from 1 January 2018.

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.