On 1 August 2014, the protocol to the income and capital tax treaty between Poland and Slovakia entered into force. The protocol was signed 1 August 2013, and amends several areas of the 1994 treaty between the two countries.

Main changes are as follows.

Withholding Tax Rates

• Dividends - 0% if the beneficial owner is a company directly holding at least 10% of the paying company's capital f…