Various tax treaties

17.07.2023

Double Taxation Treaties (DTTs) between the following markets were signed and came into force with the rates as indicated in the following table:

Markets

Date signed (conclusion date)

Date in force

Applicable (effective date)

General DTT

Rates (%)

Equities

Debt

Cyprus – Netherlands

01.06.2021

30.06.2023

01.01.2024

15%

0%

United Kingdom – Kyrgyzstan

13.06.2017

17.03.2023

01.01.2024

15%

5%

Terminated double taxation treaties

Markets

Effective date of termination

Latvia – Russia

On 27 March 2023, Russia notified the Latvian authorities of the decision to terminate DTT Latvia – Russia. Per article 31 of the DTT, the termination will take effect from 1 January 2024.

01.01.2024

Our Market DTT information will be updated in due course to reflect the new treaties.

This Taxflash is intended to provide clients with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the client’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Taxflash does not constitute legal or tax advice.