According to the treaty, dividends and intellectual property rights and licences and royalties are subject to 10% withholding tax. Interest is taxable in the country of recipient's residence.

The treaty is effective from 1 January 1998.

The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.

For further information contact Mr Frank Walsh on +421 7 5340 545 Email directly on Click Contact Link