Details of the new tax income treaty and related protocol between Belgium and Singapore, signed on 6 November 2006 have become available. Once in force, the new treaty will replace the Belgium and Singapore income tax treaty and protocol of 8 February 1972 as amended by the protocol of 10 December 1996. The treaty was concluded in the English language. The treaty generally follows the OECD Model Convention (2005). The maximum rates of withholding tax are: -   15% on dividends generally, 5% if the receiving company holds directly at least 10% of the capital of the company paying the...