OrbitaxTax Treaty between Ethiopia and Singapore Signed
|Treaty Development|Ethiopia-Singapore
On 24 August 2016, officials from Ethiopia and Singapore signed an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Ethiopian tax on income and profit, and the tax on income from mining, petroleum and agricultural activities. It covers Singapore income tax.
Withholding Tax Rates
- Dividends - 5%
- Interest - 5%
- Royalties - 5%
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