According to the Official Gazette of RS, a new Double Tax Treaty (DTT) between Republic of Slovenia and the United Arab Emirates came into force on 27th August 2014. The new Treaty will apply to all income received on/after 1 January 2015. The DTT between Republic of Slovenia and the Republic of Kosovo provides the following benefits:
Article 10 – Dividends:
• Treaty rate 5%, of the gross amount of the dividends, if the recipient is the beneficial owner of the dividends.
Article 11- Interest:
• Treaty Rate 5% , of the gross amount of the interest, if the recipient is the beneficial owner of the interest.
Impact on investors: A new Double Tax Treaty (DTT) between the Republic of Slovenia and the United Arab Emirates will enable eligible tax residents of both countries to enjoy lower tax rates on dividend and interest income.