Various tax 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. |
The Double Taxation Treaties (DTTs) and amending protocols between the following markets were signed and came into force with the rates as indicated in the following table:
| Markets | Date signed | Date in force | Max DTT rate (%) | |
| Debt | Equities | |||
| Czech Republic - Poland | 13 September 2011 | 11 June 2012 | 5 | 5 |
| German - Turkey a | 19 September 2011 | 1 August 2012 | 10 | 15 |
| Hong Kong - Malta b | 8 November 2011 | 18 July 2012 | 0 | 0 |
| Lithuania - India c | 26 July 2011 | 10 July 2012 | 10 | 15 |
| Portugal - Panama | 27 August 2010 | 10 June 2012 | 10 | 15 |
| Romania - Switzerland (amending protocol) | 28 February 2011 | 6 July 2012 | 5 | 15 |
| Singapore - Switzerland | 24 February 2011 | 1 August 2012 | 5 | 15 |
| Sweden - Switzerland (amending protocol) | 28 February 2011 | 5 August 2012 | 0 | 15 |
a. This treaty generally applies from 1 January 2011.
b. This treaty generally applies from 1 January 2013 in Malta and from 1 April 2013 in Hong Kong.
c. This treaty generally applies from 1 January 2013 in Lithuania and from 1 April 2013 in India.
Unless otherwise indicated, these treaties and amending protocols generally apply from 1 January 2013.
The Market Taxation Guides (Czech Republic, Germany, Sweden, Switzerland, Turkey) will be updated in due course to reflect the new treaty details.