Details of the amending protocol to the Korea (Rep.) - Luxembourg Income and Capital Tax Treaty (1984), signed on 29 May 2012, have become available. The treaty was concluded in the English language. The withholding taxes will be changed as follows: -   Dividends. The general rate will remain 15%, but the rate will become 10% if the beneficial owner is a company (other than a partnership), which holds directly at least 10% (currently 25%) of the capital of the company paying the dividends (article IV of the protocol). -   Interest. The rate will become 10% generally, but 5%...