On 21 April 2015, the income and capital tax treaty between Austria and Montenegro entered into force. The treaty, signed 16 June 2014, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Austrian income tax, corporation tax, land tax, the tax on agricultural and forestry enterprises, and the tax on the value of vacant plots. It covers Montenegro corporate profit tax and personal income tax.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is …