UniCredit Bank Slovenija d.d.
Summary:
New Double Taxation Treaty with Iran is in force and is applicable to income as of 1 January 2015 in Slovenia and 21 March 2015 in Iran.
Tue, 01/07/2014
Dear Client,
A new Double Tax Treaty (DTT) between Slovenia and Iran came into force on 30th April 2014. The DTT will apply to taxes withheld at source and other income taxes and will come intro force on 1 January 2015 in Slovenia and 21 March 2015 in Iran.
The DTT provides the following benefits:
Article 10 – Dividends:
- Treaty rate 7% of the gross amount of the dividends.
Article 11- Interest:
- Treaty Rate 5% if the recipient is the beneficial owner of the interest.
Impact on investors: The new DTT between Slovenia and Iran will enable eligible tax residents of both countries to enjoy lower tax rates on dividend and interest income.