Details of the Jersey - Luxembourg Income and Capital Tax Treaty (2013) signed on 17 April 2013, have become available. The treaty was concluded in the English language. The treaty generally follows the OECD Model.
The maximum rates of withholding tax are:
| - | 15% on dividends. The rate is 5% if the receiving company holds directly at least 10% of the capital of the company paying the dividends (article 10(2) of the treaty); |