On 22 May 2015, officials from Oman and Switzerland signed an income tax treaty. It is the first full treaty of its kind between the two countries, although an air transport agreement was signed in 2007 and is currently in force. Once the 2015 treaty is in force and effective, the 2007 agreement will cease to have effect.
Taxes Covered
The treaty covers Omani income tax and Swiss federal, cantonal and communal taxes on income.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner…