Tax Treaty Enters Into Force
The Income Tax between Hungary and the United Arab Emirates has entered into force on 4 October 2014. The agreement contributes to the development and improvement of the economic relations of the two countries.
The provisions of the treaty will come into effect from
January 1st 2015.
In accordance with the treaty, the following withholding taxes will apply:
-
Dividends: 0%.
-
Interest: 0%.
-
Royalties: 0%.
Source: Offtax 2014, posted on 07.10.2014. Please click here to access the original article.
More information:
Are you interested in setting up a tax efficient offshore company? Visit our
Offshore Company Formation page.
One of the more popular offshore banks at the moment. Discover more about
ABC Banking Corporation.