On 5 April 2016, officials from Morocco and Slovenia signed an income tax treaty. Withholding taxes under the treaty are reportedly as follows:

• Dividends - 7% if the beneficial owner is a company directly holding at least 25% of the paying company's capital; otherwise 10%
• Interest - 10%
• Royalties - 10%

The treaty is the first of its kind between the two countries, and will enter into force a…