Italy - Azerbaijan Tax Treaty

The 2004 tax treaty between Italy and Azerbaijan entered into force on 28 April 2010 and will apply generally as from 1 January 2011. Once in effect, dividends and interest will be taxed at a rate of 10%.

Royalties paid for computer programs, patents, trademarks, designs, models, plans, secret formulae, the use of processes or the right to use such processes, the use of industrial, commercial and scientific equipment or the right to use such equipment or information (know-how) about industrial, commercial or scientific experience will be subject to a 5% tax rate; the tax rate in all other cases will be 10%.