Denmark and Ghana Sign Tax Treaty

The income and capital tax treaty between Denmark and Ghana was signed on March 20th 2014. The withholding rates of the treaty are as follows:

• Dividends - 5% if the beneficial owner is a company that holds directly at least 10% of the capital of the paying company; or the beneficial owner is the central bank of the other state, or any national agency or other agency owned or controlled by the government; or the beneficial owner is a pension fund or similar institution that is established and re…