Currently, the rate is 8.3% provided that the receiving company owns at least 25% of the capital in the distributing company and 15% in all other cases.
The Agreement provides for a 0% rate for companies listed on the stock exchange, banks, insurance companies and pension funds. For all other companies, the rate will be 5%. However, the rate is 0% if the dividends are re-invested in "durable economic activities" in the Netherlands Antilles. For this purpose, the Bank of the Netherlands A…