A first-time comprehensive Double Taxation Convention between the UK and the Federal Democratic Republic of Ethiopia was signed in London on 9 June 2011 by Henry Bellingham MP, Parliamentary under Secretary of State at the Foreign and Commonwealth Office, and HE Berhanu Kebede, the Ethiopian Ambassador to London. Follow the link below to view the text of the Convention.
Go to the Double Taxation Convention (PDF 9K)
The Convention generally follows the Organisation for Economic Co-operation and Development (OECD) Model Double Taxation Convention. Important features include low withholding rates for dividends, interest and royalties, a 'matching credit' provision for tax given up under Ethiopia's investment incentive legislation and the latest OECD Model provision on exchange of information.
Follow the link below to see the text of the new Convention which will be published by the Stationery Office as soon as it is presented to Parliament for approval.
Go to Tax treaties signed/not in force
The Convention enters into force once both countries have completed their legislative procedures.
HM Revenue & Customs
June 2011
