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Protocol to treaty between Sweden and Barbados – details (LOB and exchange of information)

22 December 2011

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Treaty Development

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Sweden; Barbados

Details have become available of the amending protocol to the income tax treaty between Sweden and Barbados of 1 July 1991, signed on 3 November 2011. The protocol was concluded in the English language. The protocol replaces the former limitation of benefits (Art. 24) with a new one according to which an exemption or a reduction of tax under the treaty shall not apply to the income of such company and to the dividends paid by such company if -   a company of a contracting state derives its income primarily from activities such as banking, shipping, financing, fund management...