May 2016 Market Update

4.30.2016

Armenia entered into a new double taxation treaty with Indonesia effective 01 January 2017.

Azerbaijan entered into a new double taxation treaty with San Marino effective 01 January 2017.

Bahrain entered into a new double taxation treaty with Cyprus effective 01 January 2017.

Bulgaria entered into a new double taxation treaty with Romania effective 01 January 2017.

Greece increased its statutory dividend withholding rate to 15% from 10% effective 01 January 2017.

 

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