The first-time income and capital tax treaty between the Czech Republic and Korea (Dem. People's Rep.), signed on 2 March 2005, entered into force on 7 December 2005. The treaty generally applies from 1 January 2006.
The maximum withholding taxes are:
- | 10% on dividends; there is no further reduction in case of certain minimum holdings | |
- | 10% on interest (with certain exemptions); and | |
- | 10% on royalties relation to all ki… |