On 17 June 2016, Germany's Bundesrat (upper house of parliament) approved for ratification the pending protocol to the 2012 income tax treaty with the Netherlands. The protocol, signed 11 January 2016, is the first to amend the treaty. The protocol mainly includes clarifying adjustments to Articles 3 (General Definitions), 5 (Permanent Establishment), 8 (Shipping and Air Transport), 13 (Capital…