Details of the amending protocol to the Belgium-United Kingdom tax treaty on income and capital signed on 1 June 1987 have become available. The protocol was signed in English. The protocol brings the treaty in line with OECD Model Convention (2008).
The maximum rates of withholding tax are:
| - | 10% on dividends. However the rate is 0% if (i) the receiving company owns directly at least 10% of the cap… |