Double taxation agreements

Last reviewed 21 Mar 2023

Double taxation agreements

The right to taxation in the event of a sale of interests in property companies is subject to differing provisions. In accordance with the OECD Model Agreement, for those countries for which there is a “yes” in the real estate clause column, the right to taxation lies generally not with the country of residence of the seller but with the country in which the property is situated.

As regards withholding tax rates, a possible reduction must be taken into account when EU Directives (Parent-Subsidiary Directive, Interest and Royalties Directive) are applicable.

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Albania	01.01.1998	yes	10	10	10
Andora	01.01.2024	yes	5	5	5
Armenia	01.01.2011	yes	0/10	10	5
Austria	01.01.2002	no	0/15	5	0
Azerbaijan	01.01.2014	no	5/10	10	10
Belarus	01.01.2005	no	5/15	10	10
Belgium	01.01.2005	no	5/15	10	0
Bosnia and Herzegovina	01.01.2006	yes	5/10	10	10
Bulgaria	01.01.1999	no	5	5	0
Canada	01.01.2000	yes	5/15	10	10

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Chile	01.01.2005	yes	5/15	5/15	5/10
China	01.01.2002	yes	5	10	10
Cyprus	01.01.2024	yes	5	5	5
Czech Republic	01.01.2000	no	5	0	10
Denmark	01.10.2010	yes	5/10	5	10
Estonia	01.01.2005	no	5/15	10	10
Finland	08.10.1991	no	5/15	0	10
France	01.01.2006	yes	0/15	0	0
Germany	01.01.2007	yes	5/15	0	0
Georgia	01.01.2014	yes	5	5	5

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Greece	01.01.1999	no	5/10	10	10
Hungary	01.01.1999	no	5/10	0	0
Iceland	01.01.2012	yes	5/10	10	10
India	01.01.2016	yes	5/15	10	10
Indonesia	01.01.2013	no	10	10	10
Iran	01.01.2009	yes	5/10	5	5
Ireland	01.01.2004	yes	5/10	0	10
Israel	01.01.2007	yes	5/10	5/10	5
Italy	01.01.2010	no	15	10	5

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Japan	01.01.2020	yes	5/10	5	5
Jordan	01.01.2007	yes	5/10	10	10
Kazakhstan	01.01.2020	yes	5/10	10	10
Korea	01.01.2007	no	5/10	5	0
Kosovo	01.01.2018	yes	5/10	5	5
Kuwait	01.01.2004	no	0	0	10
Latvia	01.01.2002	no	5/10	10	10
Lithuania	01.01.2002	no	5/15	10	10
Luxembourg	01.01.2017	yes	5/15	10	5

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Malaysia	01.01.2005	no	5/10	10	10
Malta	01.01.2000	yes	5	0	0
Mauritius	01.01.2004	no	0	0	0
Macedonia	01.01.1997	yes	5/15	10	10
Moldova	01.01.2007	yes	5/10	5	10
Montenegro	01.01.2005	yes	5/10	10	10
Morocco	25.12.2012	yes	8/10	10	10
Netherlands	01.01.2002	no	0/15	0	0
Norway	08.10.1991	no	15	0	10

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Oman	01.01.2012	no	0	5	10
Poland	01.01.1997	yes	5/15	10	10
Portugal	01.01.2016	no	5/10	10	10
Qatar	01.01.2010	no	0	0	10
Romania	01.01.1997	yes	5	10	10
Russia	01.01.1998	yes	5/10	10	10
San Marino	01.01.2006	no	5/10	10	5
Serbia	01.01.2005	yes	5/10	10	10
Slovakia	01.01.1997	no	5/10	10	10

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Slovenia	01.01.2006	no	5	5	5
South Africa	01.01.1998	no	5/10	0	5
Spain	01.01.2007	no	0/15	8	8
Sweden	08.10.1991	no	5/15	0	0
Switzerland	01.01.2000	yes	5/15	5	0
Syria	01.01.2010	no	5/10	10	12
Turkey	01.01.2001	no	10	10	10
Turkmenistan	01.01.2016	yes	10	10	10
UAE	01.01.2019	no	5	5	5

Country	Effective date	Real estate clause	Dividends %	Interest %	Royalties %
Ukraine	01.01.2000	yes	5/10	10	10
United Kingdom	01.01.2016	yes-partially	5/10	5	5
Vietnam	01.01.2020	yes	10	10	10

Status as at January 1st, 2022 according to the Austrian Ministry of Finance (BMF)

Signed but not yet effective are DTAs with Libya, Syria and Argentina.

* For details of effective dates of application, see the provisions of the applicable DTA.

Want to compare?

Analyze and compare tax systems among CEE countries

Contact us

As your partner, we are on an equal footing, and we can support and assist you to achieve your business goals. Grow with us – and continue to boost your success

Show locations

Bojan Huzanic

Partner

+385 1 6461 780

office@tpa-group.hr

Double taxation agreements