OrbitaxThe first-time income and capital tax treaty between Iceland and Ireland , signed on 17 December 2003, entered into force on 17 December 2004. The new treaty generally applies from 1 January 2005.
|Treaty Development|Iceland-Ireland
The maximum rates of withholding tax are:
| - | 15% in dividends in general, but 5% if the beneficial owner is a company (other than a partnership) that holds directly at least 25% of the capital in the company paying the dividends; | |
| - | 0% on interest; and |
