According to the tax treaty the withholding rates for royalties and interest are 5%. The withholding rate for dividend is 10%, or exempt when the recipient is a company holding 25% or more of the paying company. Spain's GDP Decreased by 1.3% May 2010 According to an advance estimate by ...
Spanish tax authorities have announced increased control on investment requirements and dividend distribution. The Spanish tax authorities will also focus on reviewing the tax on certain digital services, the tax on financial transactions and the temporary taxes on energy and credit entities. ii. ...
Under the agreement, the general dividend withholding tax at source is not more than 10%. Also cited is the withholding tax rate on royalties. The credit method is used to eliminate double taxation.PanticEurofastNedaEurofastStylianouEurofast...
tax comparable to the Spanish corporate income tax (this requirement is deemed to be met if the dividend-paying entity is resident in a country that has concluded a tax treaty with Spain that contains an exchange of information clause) and is resident in a country that is not a tax haven,...
Advised over 50 investment funds resident in Germany before the Spanish Supreme Court and the Spanish Audiencia Nacional on a massive dividend withholding tax reclaim procedures in Spain. Advised Catalana Occidente on the acquisition of Memora Servicios Funerarios from Ontario Teachers Pension Plan. Ad...
Are there any withholding taxes? + Are there any environmental taxes payable by businesses? + Is dividend income received from resident and/or non-resident companies taxable? + What are the advantages and disadvantages offered by your jurisdiction to an international group seeking to relocate ac...
Capital gains and dividend distribution Broadly, capital gains are part of the CIT and NRIT taxable income. Under CIT, the “95% participation-exemption regime” (leading to an effective tax rate of 1.25% (i.e., 25% CIT rate over the 5% amount of capital gain/dividends)) applies to cap...
It states that tax treatment of Argentine transactions under the newly signed tax treaty include royalties. dividends and capital gains. It mentions that Argentine tax law provides that dividend payments would be subject to a 35 percent withholding tax rate.Edelstein...