Protocol to treaty between Poland and Iceland – details

Details have become available of the amending protocol, signed on 16 May 2012, to the Iceland - Poland Income and Capital Tax Treaty (1998).

Article I of the protocol replaces in full article 23 of the treaty on the elimination of double taxation.

Under paragraph 1 of the new article 23, Poland will in general apply the exemption method for the avoidance of double taxation, except for dividends, interest, royalties and capital gains, to which the credit method will apply.

Und…