Details of the income and capital tax treaty and protocol between Germany and Uruguay, signed on 9 March 2010, have become available. The treaty was concluded in the German and Spanish languages, each text having equal authenticity. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   15% in general; 5% if the beneficial owner is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends; -   10% on interest, subject to exceptions; and -   10% on royalties. Deviations from...