The new income tax treaty between Romania and Spain enters into force on 14 January 2021. The treaty, signed 18 October 2017, replaces the 1979 tax treaty between the two countries.
Taxes Covered
The treaty covers Romanian tax on income and tax on profit and covers Spanish income tax on individuals, corporation tax, and income tax on non-residents.
Withholding Tax Rates
- Dividends - 0% if the beneficial owner is a company that has directly or indirectly held at least 10% of the paying co…