Various tax treaties


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

MarketsDate signedDate in forceMax DTT rate (%)
Canada – New Zealand a  3 May 201426 June 201510%15%
France – Andorra2 April 20151 July 20155%15%
Hungary – Bahrain24 February 201419 June 20150%5%
Malta – Moldova10 April 201417 June 20155%5%
South Africa – Mauritius17 May 201328 May 201510%10%

a. This treaty applies as of 1 August 2015.

Unless otherwise indicated, these treaties generally apply from 1 January 2016.

Our Market DTT information (Canada, France, New Zealand and South Africa) 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.