Double taxation Agreements of Cape Verde

Double taxation Agreements of Cape Verde

Cape Verde has only one tax treaty in force, with Portugal.

The treaty with Portugal limits taxation on royalties, interest and dividends to 10%.

In case of services, and given the interpretation and practice of the Cape Verde tax authorities, it is important to note that the Portugal/Cape Verde treaty allocates to the state of residence the exclusive right to tax such income. This means that services rendered by a Portuguese resident, without a permanent establishment in Cape Verde, are not subject to (withholding) tax in Cape Verde under the tax treaty.

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