Various tax treaties

07.02.2014

The Double Taxation Treaty (DTT) and amending protocol 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 (%)
DebtEquities
Poland - Singapore4 November 20126 February 2014510
United Kingdom - India (amending protocol) a30 October 201227 December 2013010

a. This amending protocol applies from 27 December 2013 (India); 27 December 2013 (UK - withholding taxes) and 6 April 2014 (UK - income taxes and capital gains taxes).

The Poland-Singapore treaty generally applies from 1 January 2015.

The Market Taxation Guides (Singapore, United Kingdom) will be updated in due course to reflect the new treaty and amending protocol.

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.