The Spanish Congress of Deputies has recently announced it has approved for ratification the pending income tax treaty with Oman. The treaty was signed 30 April 2014, and is the first of its kind between the two countries. Taxes Covered The treaty covers Omani income tax and Spanish individual income tax, corporate income tax, income tax on non-residents, and local income taxes. Withholding Tax Rates Dividends - 0% if the beneficial owner is a company directly holding at least 20% of the paying company's capital, otherwise10% Interest - 5% Royalties - 8% Capital Gains The following capital gains derived by...