Spain and Kuwait signed a first-time income and capital tax treaty and protocol on 26 May 2008 in Kuwait. The treaty was concluded in the Spanish, Arabic and English languages, each text having equal authenticity. The treaty generally follows theOECD Model Convention. Details of the Treaty are summarized below. The maximum rates of withholding tax are: -   5% on dividends in general and 0% if the recipient is a company holding directly at least 10% of the paying company (Art. 10(2) of the Treaty); -   0% on interest (Art. 11(1) of the Treaty); and -   5% on...