News - Overview

Spain - New withholding tax rate effective 1 January 2012

[01/01/12] Effective 1 January 2012, the withholding tax rate on dividend and interest payments increased from 19% to 21%. The withholding tax increase is based on Decree Law 20/2011, approved by the Spanish Parliament on 30...

Denmark - Tax reclaim statutory deadline extended

[04/04/11] Effective 1 January 2011 the statutory deadline within which non-residents can apply for a refund of withholding tax on dividends from Danish equities is extended from three to five years after the date on which the...

Austria - Update on reclaim procedure for investment funds

[02/08/11] On 8 February 2011, the Austrian tax authorities issued via e-mail new information on the reclamation of withholding tax by non-resident funds. There are 4 variants of claims for repayment of Austrian Withholding Tax by...

Norway – Statute of limitations Update

[01/25/11] Despite the recently enacted law that reduced the statutory deadline to one year from the end of the calendar year in which the dividend was paid (unless the relevant double taxation treaty provides a different...

Hungary – Tax changes for private individuals

[11/20/10] On 16 November 2010, the Hungarian Parliament approved the 2011 Tax Bill, the main feature of which is the replacement of all the various tax rates with a flat withholding tax rate of 16% applicable on all interest and...

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