Denmark: Tax Minister announces to exempt nonresident charitable organizations from WHT
On 14 September 2020, the Tax Minister announced that Government has a plan to release a Bill in December 2020 regarding the exemption of on non-resident charitable organizations from Danish withholding tax (WHT) on portfolio dividends. At present,
See MoreGermany: Issues new procedure for non-residents regarding reimbursement of the withholding tax
Recently, the tax administration published an updated guidance on the tax refund procedure for non-residents to claim a 15% refund of withholding tax on portfolio dividends. According to the new procedure, as from 1 January 2017, the income from
See MoreSpanish Government Approves DTA with United Kingdom
On 20 September 2013, the Ministry of Finance of Spain announced that the Council of Ministers has approved the agreement with the UK for the avoidance of double taxation and prevention of fiscal evasion with respect to income and equity. The new
See MoreGermany: Amendments to the taxation of portfolio dividends
A new law in respect of dividend taxation was published in the Federal Gazette on 21 March 2013. This law has been introduced following a decision of the European Court of Justice in 20 October 2011 which required a review of the taxation of
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