A 23 May 2019 decision of the Belgian Constitutional Court has been published concerning the conditions for the special reduced dividends withholding tax rate of 15% for SME's as it applied between 1 January 1994 and 1 January 2013. The case involved a company that had increased its capital in 2002 and distributed dividends in 2007 to 2011. When the distributions were made, the company conside…