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Ethiopia Tax News 2011













Ethiopia U.K. Double Tax Treaty


June 2011
Ethiopia and the U.K. signed in London on June 9 a tax treaty between the two countries.
The treaty generally follows the OECD model on exchange of information and includes, inter- alia, low tax withholding rates. 10% withholding for dividend, 5% for interest and 7.5% for royalties.
The treaty will enter into force after ratification by both countries.
More info www.hmrc.gov.uk







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