The income tax treaty between Ethiopia and Switzerland entered into force on 10 August 2023. The treaty, signed 29 July 2021, is the first of its kind between the two countries. Taxes Covered The treaty covers Ethiopian tax on income and profit, and the tax on income from mining, petroleum, and agricultural activities. It covers Swiss federal, cantonal, and communal taxes on income, including total income, earned income, income from capital, industrial, and commercial profits, capital gains, and other items of income. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 25%...