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The new income and capital tax treaty between Canada and Romania, signed on 8 April 2004, entered into force on 31 December 2004. The new treaty generally applies from 1 January 2005.

19 January 2005|Treaty Development|Canada-Romania

The maximum rates of withholding tax are:

…

-		15% in dividends in general, but 5% if the beneficial owner is a company that controls directly or indirectly at least 10% of the voting power in the company paying the dividends;
-		10% interest;
-		10% on royalties, but 5% per cent of the gross amount of the following types of royalties:

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