1989 - 2019 30 years in business Friday, 19th April 2019

Switzerland, Oman Sign DTA

Dear Clients, 


Switzerland and Oman have signed a new double tax agreement (DTA) that sets withholding

tax rates for dividends, interest, and royalties income.


Under the DTA, dividends will be taxed at a maximum rate of 15 percent at source. Dividend

Payments from significant holdings will be subject to a five percent rate in the source state

Dividend payments to pension funds and the contracting state will be taxable solely in the

Recipient’s state of domicile.


Interest will be taxed at no more than five percent in the source state. Certain interest payments

Will be taxable only in the recipient’s state of domicile. Royalty payments will be subject to tax

of no more than eight percent in the source state. A most favoured nation clause will ensure that

lower maximum royalty tax rates agreed by Oman with third countries will also apply for Switzerland.


The DTA also includes provisions on the automatic exchange of information in line with the international



The cantons and business associations have approved the signing of the DTA. It must now be approved by

The parliament. Switzerland has signed 51 DTA’s and eight tax information exchange agreements (TIEA’s)

41 of these DTA’s and three TIEA’s are in force.


Should you require further clarification, please do not hesitate to contact us at: info@cardwell-capital.com


Kind Regards

Cardwell Advisory Desk

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