It has been reported that the income and capital tax treaty between Venezuela and Vietnam, signed on 20 November 2008, entered into force on 26 May 2009. The treaty generally applies from 1 January 2010. Details of the treaty are summarized below. The maximum rates of withholding tax are: -   10% on dividends in general, and 5% if the beneficial owner is a company (does not apply to partnership companies) holding directly at least 10% of the capital in the company paying the dividends; -   10% on interest if paid to the effective beneficiary of those interest and...