On 18 November 2014, officials from Canada and Spain signed a protocol to the 1976 income tax treaty between the two countries. The protocol is the first to amend the treaty. It amends several articles of the treaty including updating the article on information exchange in line with OECD standards and adding an article on assistance in the collection of taxes. Key changes to the articles on dividend and interest withholding tax are summarized as follows:
Dividends
Changes to the article o…