TAX NEWS - January 2010
Tax Treaty: Austria - Vietnam
When in effect, the treaty provides for a 5% tax rate on dividends paid to a company holding at least 70% of the capital of the company paying the dividends; a 10% rate where the dividends are paid to a company holding directly at least 25% of the company paying the dividends; and 15% in all other cases. A 10% rate will apply to interest. Tax rate on royalties will be 10%, with a 7.5% tax rate applying to fees for technical services.