The right to taxation in the event of a sale of interests in property companies is subject to differing provisions. In accordance with the OECD Model Agreement, for those countries for which there is a “yes” in the real estate clause column, the right to taxation lies generally not with the country of residence of the seller but with the country in which the property is situated.
As regards withholding tax rates, a possible reduction must be taken into account when EU Directives (Parent-Subsidiary Directive, Interest and Royalties Directive) are applicable.
Under some existing Romanian DTAs, for dividends to qualify for a reduced withholding tax rate, the recipient must be a corporation that controls a specified percentage of the voting power of the distributing corporation. And under some existing Romanian DTAs, a lower withholding tax rate on interest applies to government debt or government-assisted debt.
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Albania | 01.01.1996 | no | 10/15 | 10 | 15 |
| Algeria | 01.01.1997 | no | 15 | 15 | 15 |
| Armenia | 01.01.1998 | yes | 5/10 | 10 | 10 |
| Australia | 01.01.2002 | yes | 5/15 | 10 | 10 |
| Austria | 01.01.2007 | yes | 0/5 | 0*/3 | 3 |
| Azerbaijan | 01.01.2005 | yes | 5/10 | 8 | 10 |
| Bangladesh | 01.01.1989 | yes | 10/15 | 10 | 10 |
| Belarus | 01.01.1999 | no | 10 | 10 | 15 |
| Belgium | 01.01.1999 | no | 5/15 | 10 | 5 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Bosnia and Herzegovina | 01.01.2019 | yes | 5/10 | 7 | 5 |
| Bulgaria | 01.01.2017 | yes | 5 | 5 | 5 |
| Canada | 01.01.2005 | yes (includes only rental property) | 5/15 | 0/10 | 5/10 |
| China (P.R.C.) | 01.01.2018 | yes | 3 | 3 | 3 |
| Costa Rica | 12.07.1991 (date of conclusion) not in force | no | 5/15 | 10 | 10 |
| Croatia | 01.01.1997 | yes | 5 | 10 | 10 |
| Cyprus | 01.01.1983 | no | 10 | 10 | 5 |
| Czech Republic | 01.01.1995 | no | 10 | 7 | 10 |
| Denmark | 01.01.1974 | no | 10/15 | 10 | 10 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Ecuador | 01.01.1997 | no | 15 | 10 | 10 |
| Egypt | 01.01.1982 | no | 10 | 15 | 15 |
| Estonia | 01.01.2006 | yes | 10 | 10 | 10 |
| Ethiopia | 06.01.2009 | no | 10 | 15 | 15 |
| Finland | 01.01.2001 | yes | 5 | 5 | 2.5/5 |
| France | 01.01.1975 | yes | 10 | 10 | 10 |
| Georgia | 01.01.2000 | yes | 8 | 10 | 5 |
| Germany | 01.01.2004 | yes | 5/15 | 0*/3 | 3 |
| Greece | 01.01.1996 | no | 20 | 10 | 5/7 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Hong Kong | 01.01.2017 | yes | 0/3/5 | 0/3 | 3 |
| Hungary | 01.01.1996 | no | 5/15 | 15 | 10 |
| Iceland | 01.01.2009 | yes | 5/10 | 3 | 5 |
| India | 01.01.2014 | yes | 10 | 10 | 10 |
| Indonesia | 01.01.2000 | no | 12.5/15 | 12.5 | 12.5/15 |
| Iran | 01.01.2008 | yes | 10 | 8 | 10 |
| Ireland | 01.01.2001 | yes | 3 | 0/3 | 0/3 |
| Israel | 01.01.1999 | yes | 15 | 5/10 | 10 |
| Italy | 01.01.2018 | yes | 0/5 | 5 | 5 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Japan | 01.01.1978 | no | 10 | 10 | 10/15 |
| Jordan | 01.01.1985 | no | 15 | 12.5 | 15 |
| Kazakhstan | 01.01.2001 | yes | 10 | 10 | 10 |
| Korea (D.P.R.K.) | 01.01.2001 | yes | 10 | 10 | 10 |
| Korea (R.O.K.) | 01.01.1995 | no | 7/10 | 10 | 7/10 |
| Kuwait | 01.01.1992 | no | 0/1 | 0/1 | 20 |
| Latvia | 01.01.2003 | yes | 10 | 10 | 10 |
| Lebanon | 01.01.1998 | no | 5 | 5 | 5 |
| Lithuania | 01.01.2003 | yes | 10 | 10 | 10 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Luxembourg | 01.01.1996 | no | 5/15 | 0/10 | 10 |
| Macedonia | 01.01.2003 | yes | 5 | 10 | 10 |
| Malaysia | 01.01.1985 | no | 10 | 15 | 12 |
| Malta | 01.01.1997 | yes | 5 | 5 | 5 |
| Mexico | 01.01.2002 | yes | 10 | 15 | 15 |
| Moldova | 01.01.1997 | no | 10 | 10 | 10/15 |
| Montenegro | 01.01.1998 | no | 10 | 10 | 10 |
| Morocco | 01.01.2007 | yes | 10 | 10 | 10 |
| Namibia | 01.01.2000 | yes | 15 | 15 | 15 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Netherlands | 01.01.2000 | no | 0/5/15 | 0*/3 | 0*/3 |
| Nigeria | 01.01.1994 | yes | 12.5 | 12.5 | 12.5 |
| Norway | 01.01.2017 | no | 0/5/10 | 5 | 5 |
| Pakistan | 01.01.2002 | yes | 10 | 10 | 12.5 |
| Philippines | 01.01.1998 | yes | 10/15 | 10/15 | 10/15/25 |
| Poland | 01.01.1996 | no | 5/15 | 10 | 10 |
| Portugal | 01.01.2000 | yes | 10/15 | 10 | 10 |
| Qatar | 01.01.2004 | yes | 3 | 3 | 3 |
| Russia | 01.01.1996 | no | 15 | 15 | 10 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| San Marino | 01.01.2009 | yes | 0/5/10 | 3 | 3 |
| Saudi Arabia | 01.01.2013 | no | 5 | 5 | 10 |
| Serbia | 01.01.1998 | no | 10 | 10 | 10 |
| Singapore | 01.01.2003 | no | 5 | 5 | 5 |
| Slovakia | 01.01.1996 | no | 10 | 10 | 10/15 |
| Slovenia | 01.01.2004 | yes | 5 | 5 | 5 |
| South Africa | 01.01.1996 | no | 15 | 15 | 15 |
| Spain | 01.01.2022 | yes | 5 | 3 | 3 |
| Sri Lanka | 01.01.1986 | no | 12.5 | 10 | 10 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Sudan | 01.01.2010 | no | 5/10 | 5 | 5 |
| Sweden | 01.01.1978 | yes | 10 | 10 | 10 |
| Switzerland | 01.01.1994 | no | 0/15 | 0/5 | 0*/10 |
| Syria | 01.01.2010 | yes | 5/15 | 10 | 12 |
| Tajikistan | 01.01.2010 | yes | 5/10 | 10 | 10 |
| Thailand | 01.01.1998 | no | 15/20 | 10/20/25 | 15 |
| Tunisia | 01.01.1990 | no | 12 | 10 | 12 |
| Turkey | 01.01.1989 | no | 15 | 10 | 10 |
| Turkmenistan | 01.01.2010 | yes | 10 | 10 | 15 |
| Country | Effective date | Real estate clause | Dividends % | Interest % | Royalties % |
| Ukraine | 01.01.1998 | yes | 10/15 | 10 | 10/15 |
| United Arab Emirates | 01.01.2017 | no | 0/3 | 0/3 | 3 |
| United Kingdom | 04.01.1976 | no | 10/15 | 10 | 10/15 |
| United States | 01.01.1974 | no | 10 | 10 | 10/15 |
| Uruguay | 01.01.2015 | yes | 5/10 | 0/10 | 10 |
| Uzbekistan | 01.01.1998 | yes | 10 | 10 | 10 |
| Vietnam | 01.01.1997 | yes | 15 | 10 | 15 |
| Zambia | 01.01.1993 | no | 10 | 10 | 15 |
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