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Double Tax Agreement Australia Germany

According to the 1972 DBA, the country of origin can withhold up to 10% of the value of interest payments made between Australia and Germany. Anthony is a highly respected tax advisor with over 20 years of experience. He has particular expertise in tax planning. According to the 1972 DBA, the country of origin can levy a withholding tax rate of 10% on licence payments between Australia and Germany. The 2015 DBA lowers this rate to 5%. This is the first agreement in Australia to reflect the recommendations of the OECD`s profit reduction and profit-sharing (commonly known as “BEPS”) project for tax treaties. The changes introduced by this contract will have an impact on current structures and future operations with German companies. It will also likely be a model for Australia`s treaties in the future. .