The Czech Republic Ministry of Finance has announced,on 11 November 2024, that the income tax treaty with Rwanda came into effect on 30 October 2024.
This treaty, signed on 2 May 2023, is the first between the two nations and aims to eliminate double taxation while preventing and avoiding tax evasion. The treaty addresses taxation on both individual and corporate income in the Czech Republic and Rwanda.
The provisions of this tax treaty will be enforced as follows:
- With respect to taxes levied at source on income paid or credited on or after 1 January 2025 and
- With respect to other taxes on income for each tax year beginning on or after 1 January 2025.
