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The income tax treaty and annex between Israel and Belgium, signed on 13 July 1972, is the subject of an in-principle agreement for revision as agreed upon on 18 March 2010 in Brussels. The intended revision would align the treaty with the OECD Model Convention (2008), in particular:
| - | New Art. 7 business profits; | |
| - | Art. 13 capital gains; and |
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