On 8 October 2014, Denmark approved the pending income and capital tax treaty with Ghana. The treaty, signed 20 March 2014, is the first of its kind between the two countries. Taxes Covered The treaty covers Danish income tax to the state and income tax to the municipalities. It covers Ghana income tax and capital gains tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company that directly holds directly at least 10% of the paying company's capital; or the beneficial owner is the central bank of the other state, or any national agency or other...