The income tax treaty between Ethiopia and Palestine was signed on 9 July 2015. 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, and covers Palestine tax on income and profit.
Withholding Tax Rates
- Dividends – 10%
- Interest - 10%
- Royalties - 5%
- Technical Fees (technical, managerial, or consultancy) – 10%
Note – Article 13 (Technica…