Tax Treaty: Ireland-Serbia

The tax treaty signed on 23 September 2009, once in effect, provides for a 5% withholding tax on dividends paid to a company (other than a partnership) that holds directly at least 25% of the voting power of the company paying the dividends; and 10% in all other cases. Tax rate on interest will generally be 10%. A 5% tax rate will apply to royalties paid for the use of a copyright of a literary, artistic or scientific work (except for software); and 10% for royalties paid for a patent, trademark, design or model, plan, secret formula or process, or for the use of, or the right to use, industrial, commercial or scientific equipment, or for information concerning industrial, commercial or scientific experience.