The income tax treaty between Ethiopia and Portugal entered into force on 9 April 2017. The treaty, signed 25 May 2013, is the first of its kind between the two countries. Taxes Covered The treaty covers Ethiopian tax on income and profit imposed by the Income Tax Proclamation, and the tax on income from mining, petroleum and agricultural activities imposed by the respective proclamations. It covers Portuguese personal income tax, corporate income tax, and the surtaxes on corporate income. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 25% of the paying...