The new Corporate Income Tax Act entered into force in January 2007. It stipulates that companies must withhold taxes at a rate of 15% for distributed dividend and interest issued to residents and non-residents of Slovenia. If international treaties on the avoidance of double taxation stipulate a tax rate other than 15%, the treaty's tax rate applies. Slovenia has such treaties with several different countries and the withholding tax on interest varies between 5% (in Germany, Luxembourg, Ireland and The Netherlands) and 10% (in the UK).
June 30 2007