The income tax treaty between Cyprus and Ethiopia entered into force on 19 October 2017. The treaty, signed 30 December 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Cypriot income tax, corporate income tax, special contribution for the Defense of the Republic, and capital gains tax. It covers Ethiopian tax on income and profit, and tax on income from mining, petroleum, and agricultural activities.
Withholding Tax Rates
- Dividends - 5%
- Interest …