Luxembourg – Senegal: Tax Treaty Signed

On 10 February 2016, Luxembourg and Senegal signed an Income Tax Treaty. The Treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from 1 January of the calendar year next following that in which the agreement enters into force. In accordance with the Treaty, […]

Ireland – Botswana: Tax Treaty Enters Into Force

The Income Tax Treaty between Ireland and Botswana entered into force on 3 February 2016. Its provisions will take effect from 4 March 2016 in Botswana and from 1 January 2017 in Ireland. In accordance with the treaty, the following withholding taxes will apply: Dividends: 5%. Interest: 7.5%. Royalties: 5% on royalties in respect of […]