The first-time income tax treaty between Greece and Ireland and the related protocol, signed on 24 November 2003, entered into force on 29 December 2004. The new treaty generally applies from 1 January 2005.
The maximum rates of withholding tax are:
- | 15% in dividends in general, but 5% if the beneficial owner is a company that holds directly at least 25% of the voting power in the company paying the dividends; | |
- | 5% on interest; and | |
- | …