Details of the income and capital tax treaty between Spain and Nigeria, signed on 23 June 2009, have become available. The treaty was concluded in the Spanish 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 Convention. The maximum rates of withholding tax are: -   10% on dividends in general, 7.5% if the beneficial owner is a company (other than a partnership) holding directly at least 10% of the capital of the company paying the dividends (Art. 10(2) of the treaty); -  ...