According to an update from the Swiss Federal Council, the income tax treaty with Oman entered into force on 13 October 2016. The treaty, signed 22 May 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Omani income tax and Swiss federal, cantonal, and communal taxes on income. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 10% of the paying company's capital; otherwise 15% Interest - 5%, although an exemption is granted for interest paid in respect of the sale on credit of any...