The protocol to the 2002 income and capital tax treaty between Estonia and Switzerland entered into force on 16 October 2015. The protocol, signed 25 August 2014, is the first to amend the treaty. The main amendments to the treaty are summarized as follows.
Withholding Tax Rates
Articles 10 (Dividends), 11 (Interest) and 12 (Royalties) are replaced, and include the following rates:
- Dividends - 0% if the beneficial owner is a company directly holding at least 10% of the paying company's ca…