A new DTT between Austria and Kosovo was officially published in the Republic of Austria on Jan. 16, 2019 (BGBL. III 16. Jaenner 2019 no. 2). The new DTT entered into force on Dec. 28, 2018 and has effect for all income received from 1.1.2019 onwards.
The maximum withholding tax rates stipulated in the new treaty are as follows:
Dividends (Article 10):
- 0%, if the beneficial owner is a company which holds directly at least 25% of the capital of the company paying the dividends
Interest Income (article 11)
Article 24 Exchange of Information provides additional clarifications in regards to exchange of information between competent authorities of the Contracting States.
The full wording of the DTT is available in English under the following link:
Impact on investors: The new DTT will be applied for all income received from 1 January 2019 onwards.