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Taxes

Reduced rates

Tax laws in different countries may have varying rates for taxes imposed on individuals and entities. However, there are instances where these rates may be reduced, such as in the case of tax treaties. These treaties often lead to lowered withholding tax rates for dividends, interest, and royalties. This allows for more favorable tax treatment in specific scenarios. As a finance professional, it is important to understand these nuances and how they can impact your financial decisions.
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