Details of the Brazil - Trinidad and Tobago Income Tax Treaty (2008) and protocol, signed on 23 July 2008, have become available. The treaty was concluded in the Portuguese and English languages, each text having equal authenticity. There is no indication on which language prevails in case of divergence. The treaty generally follows the OECD Model.
The maximum rates of withholding tax are:
| - | 15% on dividends in general and 10% if the beneficial own… |