26 April 2012 Details of the Kuwait - Zimbabwe Income and Capital Tax Treaty (2006), signed on 13 May 2006, have become available. The treaty was concluded in the Arabic and English languages, both texts having equal authenticity. The treaty generally follows the UN Model (2001) The maximum rates of withholding tax are: – 10% on dividends in general, 5% if the beneficial owner is a company, which holds directly or indirectly, at least, 10% of the capital of the company paying dividends. An exemption applies when the beneficial owner is a government entity; – 0% on interest; and –...