According to an announcement by the Spanish Ministry of Foreign Affairs on 2 July 2014, the tax treaty between Spain and the Dominican Republic will enter into force 25 July 2014. The treaty was signed 16 November 2011, and is the first of its kind between the two countries.
Taxes Covered
The treaty covers Spanish individual income tax, corporation tax, income tax on non-residents, and local income tax. It covers Dominican income tax.
Withholding Tax Rates
- Dividends 0% if the benefici…