The income tax treaty between Oman and Spain will enter into force on 19 September 2015. The treaty was signed 30 April 2014, and is the first of its kind between the two countries.
Taxes Covered
The treaty covers Omani income tax and Spanish individual income tax, corporate income tax, income tax on non-residents, and local income taxes.
Withholding Tax Rates
- Dividends - 0% if the beneficial owner is a company directly holding at least 20% of the paying company's capital, otherwise 10%…