UniCredit Bank Slovenija d.d.
Summary:
New DTT between the Republic of Slovenia and Morocco
Fri, 02/09/2022
According to the Official Gazette of the Republic of Slovenia a new Double Tax Treaty (DTT) came into force between the Republic of Slovenia and Morocco on 14 April 2022. The new Treaty will apply to all income received on/after 1 January 2023.
The DTT between Republic of Slovenia and Morocco provides the following benefits:
Article 10 – Dividends:
- Treaty rate 7% of the gross amount of the dividend, if the eligible shareholder is a Company that holds directly at least 25% capital in the Company paying the dividend.
- Treaty rate 10% of the gross amount of the dividend in all other cases.
Article 11- Interests:
- Treaty Rate 10% of the gross amount of the interest.
Impact on investors: New DTT between the Republic of Slovenia and Morocco is in force and is applicable to income received on/after 1 January 2023.