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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.

|Treaty Development|Czech Republic-Korea (Rep.)
Czech Republic-Korea (Rep.)

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…

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