The income tax treaty between Morocco and Zambia was signed on 1 October 2017. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Moroccan income tax and corporation tax, and covers Zambian income tax.
Withholding Tax Rates
- Dividends - 10%
- Interest - 10%
- Royalties - 10%
- Fees for technical services (managerial, technical or consultancy) - 10%
Limitation on Benefits
The beneficial provisions of Articles 10 (Dividends), 11 (Interest), and 12 …