The income and capital tax treaty between Vietnam and Palestine entered into force on 2 April 2014. The treaty, signed  6 November 2013, is the first of its kind between the two countries, and applies from 1 January 2015. Taxes Covered The treaty covers Vietnamese personal income tax and business income tax, and Palestinian income tax. Withholding Tax Rates Dividends - 10% Interest - 10% Royalties - 10% Double Taxation Relief Both countries apply the credit method for the elimination of double taxation. Entry into Effect The treaty applies from 1 January 2015.