*Armenia, Kurghystan, Moldova, Tajikistan, Turkmenistan and Ukraine apply the USSR/Cyprus Treaty
Notes:

  1. 5% on film and TV royalties
  2. Nil if paid to a government or for export guarantee
  3. Nil on literary, dramatic, musical or artistic work
  4. Nil if paid to the government of the other state
  5. This rate applies for patents, trademarks, designs or models, plans, secret formulas or processes, or any industrial, commercial or scientific equipment, or for information concerning industrial, commercial or scientific experience
  6. 15% if received by a company controlling less than 25% of the voting power
  7. 15% if received by a company controlling less than 10% of the voting power
  8. Nil if paid to government, bank or financial institution
  9. The treaty provides for withholding taxes on dividends but Greece does not impose any withholding tax in accordance with its own legislation
  10. 5% on film royalties
  11. 5% if received by a company controlling less than 50% of the voting power
  12. This rate applies to individual shareholders regardless of their percentage shareholding. Companies controlling less than 10% of the voting shares are also entitled to this rate
  13. 10% for payments of a technical, managerial or consulting nature
  14. 10% if dividend paid by a company in which the beneficial owner has invested less than US$100.000
  15. If investment is less than 200.000 euro, dividends are subject to 15% withholding tax which is reduced to 10% if the recipient company controls 25% or more of the paying company
  16. No withholding tax for interest on deposits with banking institutions
  17. 10% on interest received by a financial institution or when it relates to sale on credit of any industrial, commercial or scientific equipment or of merchandise
  18. This rate applies for any copyright of literary, dramatic, musical, artistic or scientific work. A 10% rate applies for industrial, commercial, or scientific equipment. A 15% rate applies for patents, trademarks, designs or models, plans, secret formulae or processes
  19. This rate applies to companies holding directly at least 25% of the share capital of the company paying the dividend. In all other cases the withholding tax is 10%
  20. This rate does not apply if the payment is made to a Cyprus International Business entity by a resident of Bulgaria owning directly or indirectly at least 25% of the share capital of the Cyprus entity
  21. 7% if paid to a bank or financial institution