The income tax treaty between Ethiopia and Morocco was signed on 19 November 2016. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Ethiopian tax on income and profit, and the tax on income from mining, petroleum, and agricultural activities. It covers Moroccan income tax and corporation tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 25% of the paying company's capital; otherwise 10% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting...