Details of the income tax treaty and protocol between Hong Kong and Indonesia, signed on 23 March 2010, have become available. The treaty was concluded in English, and generally follows the UN Model Convention (2001). The maximum rates of withholding tax are: -   10% on dividends (5% for direct participation of 25%); -   10% on interest; and -   5% on royalties. The main deviations from the UN Model include: -   Art. 5 (Permanent establishments) includes (i) a farm or plantation; and (ii) a drilling rig or working ship used for exploration or exploitation of natural resources...