Belgium's new reduced dividends withholding tax rate of 1.6995% is in effect from 7 January 2016. The new rate is included in the Bill of program law No. 1505/5, published 28 December 2015. The reduced rate was introduced as a result of a 2012 decision by the Court of Justice of the European Union (CJEU) that Belgium's differing treatment of resident and non-resident shareholders in certain cases under its participation exemption regime was an infringement on the free movement of capital.
As…