Details of the Luxembourg-Saudi Arabia Income and Capital Tax Treaty (2013) and the related protocol, signed on 7 May 2013, have become available. The treaty was concluded in the Arab, French and English languages, each text having equal authenticity. In the case of divergence, however, the English text prevails. The treaty generally follows the OECD Model (2010) The maximum rates of withholding tax are: -   5% on dividends (article 10(2) of the treaty); -   0% on interest (article 11(1) of the treaty); and -   7% on royalties, but 5% for royalties paid for the use or the...