Spain and Trinidad and Tobago signed a first-time income tax treaty and protocol on 17 February 2009 in Port of Spain. The treaty was concluded in the Spanish and English languages, each text having equal authenticity. The treaty generally follows the OECD Model Convention. Details of the treaty are summarized below.
The maximum rates of withholding tax are:
| - | 10% on dividends in general, 5% if… |