Details have become available of the amending protocol to the income tax treaty between Sweden and Barbados of 1 July 1991, signed on 3 November 2011. The protocol was concluded in the English language.
The protocol replaces the former limitation of benefits (Art. 24) with a new one according to which an exemption or a reduction of tax under the treaty shall not apply to the income of such company and to the dividends paid by such company if