Double Taxation Relief Foreign Effective Rates

The following is an updated list of foreign effective rates:

* Under the provisions of the new Ireland/US Double Taxation Convention portfolio investors will not be entitled to credit for underlying taxes. They are only entitled to credit for withholding taxes (15%).

Note:

The Double Taxation Conventions with Cyprus, Pakistan, Russia and Zambia contain similar provisions. Because of the number of possible rates of withholding tax/underlying tax which could apply in those countries, no acceptable rate can be published for them.