On 20 May 2014, the new tax treaty between the U.S. and Poland was sent to the U.S. Senate for approval for ratification. The treaty was signed 13 February 2013, and will replace the current treaty signed in 1974. Key aspects of the new treaty include: Taxes Covered Polish taxes covered by the treaty include personal income tax and corporate income tax. U.S. taxes covered include federal income taxes (excluding social security and unemployment taxes) and taxes imposed with respect to private foundations. Dividends (General) Withholding tax on dividends is up to 5% if the beneficial owner holds at least...