• Netherlands - Indonesia
    Amending Protocol Signed

    11-08-2015

    On 30 July 2015, the Netherlands and Indonesia signed an emending protocol to their current Income Tax Treaty. The amending protocol will come into force after the two countries exchange ratification instruments.

    In accordance with the amending protocol, the following withholding taxes are amended as followed:

    • Dividends:
      • 5% if the beneficial owner is a company (other than a partnerhsip) which holds directly at least 25% of the capital of the company paying the dividends;
      • 10% if the beneficial owner is a pension fund that is recognized and controlled according to the statutory provisions of one of the two States and the income of which is generally exempt from tax in the State according to whose statutory provisions it is recognized and controlled;
      • 15% in all other cases.

    • Interest:
      • 5% if the interest is paid on a loan made for a period of more than 2 years.
      • 5% if the interest is paid in connection with the sale on credit of any industrial, commercial or scientific equipment.
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