• Netherlands - China
    New Tax Treaty Signed

    04-06-2013

    Netherlands and China signed a new Income Tax Treaty on 31 May 2013. Once in force, the new treaty will replace the old treaty of 1987.

    The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from 1 January of the calendar year next following that in which the agreement enters into force.

    In accordance with the new treaty, the following withholding taxes will apply:

    • Dividends:
      • 5% if the beneficial owner is a company (other than a partnership) which holds directly at least 25% of the capital of the company paying the dividends.
      • 10% in all other cases.

    • Interest: 10%.

    • Royalties:
      • 6% on payments of any kind received as a consideration for the use of, or the right to use, industrial, commercial or scientific equipment.
      • 10% on payments of any kind received as a consideration for the use of, or the right to use, any copyright of literary, artistic or scientific work including cinematograph films, or films or tapes for radio or television broadcasting, any patent, trade mark, design or model, plan, secret formula, or process, or for information (know-how) concerning industrial, commercial or scientific experience.
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EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.

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