S.-E. Bärsch, Taxation of Hybrid Financial Instruments and the Remuneration Derived Therefrom in an International and Cross-Bor

Annex

S.-E. Ba¨rsch, Taxation of Hybrid Financial Instruments and the Remuneration 325 Derived Therefrom in an International and Cross-border Context, DOI 10.1007/978-3-642-32457-4, # Springer-Verlag Berlin Heidelberg 2012 Table A.1 Tax treaties concluded between EEA/EU/OECD member states up to 2011a

EEA/EU/OECD member states AT AU BE BG CA CH CL CY CZ DE DK EE ES FI FR GR HU IE IT JP KR LT LU LV MT MX NL NO NZ PL PT RO SK SL SW TR UK US EEA/EU/ AT xxxxx—xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxx OECD AU x x—x x——xx x—xxx—xxxxx———xx x x xx—xx—x—x x member BE xx xxxxxxxxxxxxxxxxxxxxxx x xxxxxxxxxxxx states BG x—x x x—xxx x xxxxx xxxxxxx x x—x x—xxx xx x x x x CA xxxx xxxxxxxxxxxxxxxxxxxx x xxxxxxxxx—xx CH xxxxx x—xxxxxxxxxxxxxxxx—xxxxxxxxxx—xx CL —— x — x x ———x —x—x——x——x———— x — x x x x———x — x — CY x—x x x—— x x x———xx xxx—————x ——x—x—x xx x—x x CZ xxxxxx—x xxxxxxxxxxxxxxxx xxxxxxxxxxxxx DE xxxxxx—xx xxxxxxxxxxxxxxx xxxxxxxxxx—xx DK xxxxxxxxxx xxx—xxxxxxxxxx x xxxxxxxxxxxx EE x—xxxx——xxx xxxxxxx—xxxxx—xx—xxxxxxxxx ES xxxxxxx—xxxx xxxxxxxxxxxx xxxxxxxxxxxxx FI xxxxxx——xxxxx xxxxxxxxxxx xxxxxxxxxxxxx FR xxxxxxxxxx—xxx xxxxxxxxxx x xxxxxxxxxxxx GR x—xxxx—xxxxxxxx xxx—xxxxx xxx—xxxxxxxxx HU xxxxxx—xxxxxxxxx xxxxxxxx—xx—xxxxxxxxx IE xxxxxxxxxxxxxx—xx xxxx—xx x xxxxxxxxxxxx IT xxxxxx—xxxxxxxxxxx xxxxxx x xxxxxxxxxxxx JP x x x x x x——x x x—xxx—xxx x—x——x x x x x—x x—x x x x KR x x x x x x x—x x x xxxx x xxxx x x x x x x x x xx x x x x x x x LT x—xxxx——xxxxxxxxxxx—x xxx—xx—xxxxxxxxx LU x—xxxx——xxxxxxxxxxxxxx xx x xx—xxxxxxxxx LV x—xxxx——xxxxxxxxxxx—xxx x—xx—xxxxxxxxx MT xxxxx——xxxxxxxxxxxx—xxxx —xx—xxxxxx—xx MX x x x—x x x—x x x—xxx x—xxxx—x—— x x x xx x x—x—x x NL xxxxxx——xxxxxxxxxxxxxxxxx x xxxxxxxxxxx NO xxxxxxxxxxxxxxxxxxxxxxxxx x x xxxxxxxxxx NZ x x x—x x x—x x x—xxx——xxxx————x x x x————x—x x PL xxxxxxxxxxxxxxxxxxxxxxxxx x xxx xxxxxxxx PT x—xxxxx—xxxxxxxxxxx—xxxxx x xx—x xxxxxxx RO xxxxxx—xxxxxxxxxxxxxxxxxx x xx—xx xxxxxx SK xxxxxx—xxxxxxxxxxxxxxxxxx x xx—xxx xxxxx SL x—xxxx—xxxxxxxxxxxx—xxxxx—xx—xxxx xxxx SW xxxxxxxxxxxxxxxxxxxxxxxxx x xxxxxxxx xxx TR x—xxx———x—xxxxxxxxxxxxxx——xx—xxxxxx xx UK xxxxxxxxxxxxxxxxxxxxxxxxx x xxxxxxxxxx x US xxxxxx—xxxxxxxxxxxxxxxxxx x xxxxxxxxxxx x income tax treaty in place, — no income tax treaty in place aCf. IBFD 2011b: Sect. 6.3.5 Table A.2 Limitations and/or the abolishment of WHT on dividends of portfolio shareholdings in tax treaties up to 2011 (in %)a

Residence country Dom. Dom. (subst.) (portf.) AT AU BE BG CA CH CL CY CZ DE DK EE ES FI FR GR HU IE IT JP KR LT LU LV MT MX NL NO NZ PL PT RO SK SL SW TR UK US Source AT 25 25 15 15 0/5 15 15 — 10 10 15 15 15 15 10 15 15 10 10 15 20 15 15 15 10 15 10 15 0/ 15 15 15 5 10 15 10 15 15 15 country 15 AU 0/30 0/30 15 15 — 15 15 — — 5/ 15 15 — 15 15 15 — 15 15 15 10 15 — — — 15 15 15 15 15 15 — 15 15 — 15 — 15 15 15 BE 0/25 25 15 15 10 15 15 15 15 15 15 15 15 15 15 15 15 10 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15/ 10 15 20 BG 5 5 0/5 — 10 15 15 — 10 10 15 15 5 15 10 15 10 10 10 10 15 10 10 15 10 0 — 15 15 — 10 15 15 10 10 10 15 10 10 CA 25 25 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 — 15 15 CH 35 35 15 15 15 15 15 15 — 15 15 15 15 15 10 15 15 10 15 15 15 15 15 15 15 — 15 15 15 15 15 15 10 15 15 15 — 15 15 CL 35 35 — — 15 — 15 15 — — — 15 — 10 — 15 — — 15 — — 10 — — — — 10 — 15 15 15 15 — — — 10 — 15 — CY 0 0 10 — 15 10 15 — — 5 15 15 — — — 15 25 15 0 0 — — — — — 15 — — 0 — 10 — 10 10 10 15 — 0 0 CZ 15 15 10 15 15 10 15 15 — 5 15 15 15 15 15 10 — 15 15 15 15 10 15 15 15 5 10 10 15 15 10 15 10 15 15 10 10 15 15 DE 25 25 15 15 15 15 15 15 — 15 15 15 15 15 15 15 25 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 — 15 15 DK 28 15 15 15 15 15 15 15 15 15 15 15 15 15 15 — 18 15 15 15 15 15 15 15 15 15 15 15 15 15 15 10 15 15 15 15 20 15 15 EE 0 0 15 — 15 5 15 15 — — 15 15 15 15 15 15 15 15 15 15 — 10 15 15 15 15 — 15 15 — 15 10 10 10 15 15 10 15 15 ES 19 19 15 15 15 15 15 15 10 — 15 15 15 15 15 15 10 15 15 15 15 15 15 15 10 5 15 15 15 15 15 15 15 15 15 15 15 15 15 FI 28 28 10 15 15 10 15 10 — — 15 15 15 15 15 0 13 15 0 15 15 15 15 15 15 15 0 15 15 15 15 15 5 15 15 15 20 0 15 FR 25 25 15 15 15 15 15 15 15 15 10 15 — 15 15 0 — 15 15 15 10 15 15 15 15 15 15 15 15 15 15 15 10 10 15 15 20 15 15 GR 25 25 15 — 15 10 15 35 — 25 — 25 38 10 10 47 — 45 15 15 — 15 15 38 10 10 10 35 40 — — 15 45 — 10 10 15 — — HU 0 0 10 15 10 10 15 10 — 15 15 15 15 15 15 15 15 10 15 10 10 10 15 15 10 15 — 15 10 — 10 15 15 15 15 15 15 15 15 IE 0/20 0/20 0 0 15 10 15 0 15 0 15 — 0 15 0 0 — 15 15 15 0 0/ 15 — 15 15 10 15 15 0 15 15 3 10 15 0 15 15 15 15 IT 12.5/15/ 12.5/15/ 15 15 15 10 15 15 — 15 15 15 15 15 15 15 15 15 10 15 15 15 15 15 15 15 15 15 15 15 10 15 10 15 15 15 15 15 15 27 27 JP 7/20 7/20 20 10 15 15 15 15 — — 15 15 15 — 15 15 10 — 10 15 15 15 — 15 — — 15 15 15 15 10 — 10 15 — 15 15 10 10 KR 20 20 15 15 15 10 15 15 10 — 10 15 15 10 15 15 15 15 10 10/ 15 15 10 15 10 15 15 15 15 15 10 15 10 10 15 15 20 15 15 15 LT 15 0 15 — 15 10 15 15 — — 15 15 15 15 15 15 15 15 15 15 15 — 10 15 15 15 — 15 15 — 15 10 10 10 15 15 10 15 15 LU 15 15 15 — 15 10/ 15 15 — — 15 15 15 10 15 15 15 7.5 15 15 15 15 15 15 10 15 15 15 15 — 15 15 15 15 15 15 20 15 15 15 LV 10 10 10 — 15 10 15 15 — — 15 15 15 15 10 15 15 10 10 15 15 — 10 15 10 10 — 15 15 — 15 10 10 10 15 15 10 15 15 MT 0 0 0 0 0 00——0 0 0 0000000 00—0000 —0 0—000000—00 MX 0 0 10 15 15 — 15 15 10 — 10 15 15 — 15 0 0/ 10 — 10 15 15 15 — 15 — — 15 15 15 15 10 10 0 — 15 — 0 10 5 NL 15 15 15 15 15 15 15 15 — — 10 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 10 15 10 15 15 20 15 15 NO 25 25 15 15 15 15 15 15 15 5 15 15 15 15 15 15 15 20 10 15 15 15 15 15 15 15 15 15 15 15 15 15 10 15 15 15 25 15 15 NZ 15/30 15/30 15 15 15 — 15 15 15 — 15 15 15 — 15 15 15 — — 15 15 15 15 — — — — 15 15 15 15 — — — — 15 — 15 15 PL 0/19 19 15 15 15 10 15 15 15 10 10 15 15 15 15 15 15 — 10 15 10 10 10 15 15 15 15 15 15 15 15 15 15 10 15 15 15 10 15 PT 21.5/30 0/ 15 — 15 15 15 15 15 — 15 15 10 10 15 15 15 15 15 15 15 — 15 10 15 10 15 10 10 15 — 15 15 15 15 10 15 15 15 21.5/30 RO 16 16 5 15 15 15 15 10 — 10 10 15 15 10 15 5 10 20 15 3 10 10 10 10 15 10 5 10 15 10 — 15 15 10 5 10 15 15 10 SK 0 0 10 15 15 10 15 15 — 10 15 15 15 10 15 15 10 — 15 0/ 15 15 10 10 15 10 5 0 10 15 — 10 15 10 15 10 10 15 15 10 SL 15 20 15 — 15 10 15 15 — 10 15 15 15 15 15 15 15 10 15 15 15 — 15 15 15 15 15 — 15 15 — 15 15 5 15 15 10 15 15 SW 0 30 10 15 15 10 15 15 10 15 10 15 15 15 15 15 15 0 15 15 15 15 15 15 15 15 15 15 15 15 15 15 10 10 10 15 20 5 15 TR 15 15 15 — 10/ 15 20 — — — — 20 20 10 15 20 20 15 15 10 15 15 20 10 20 10 — — 20 30 — 15 15 15 10 10 20 20 20 20 UK 0 0 15 15 10 10 15 15 15 0/15 15 10/15 15 15 15 0 15 — 15 15 15 10 15 15 15 15 0 0 10/ 15 15 10 15 15 15 15 5 20 15 15 US 30 30 15 15 15 10 15 15 — 15 15 15 15 15 15 15 15 — 15 15 15 10 15 15 15 15 15 10 15 15 15 15 15 10 15 15 15 20 15 — no income tax treaty in place/no limitation or abolishment of withholding taxes agreed aCf. IBFD 2011b: Sect. 6.3.5 Table A.3 Limitations and/or the abolishment of WHT on dividends of substantial shareholdings in tax treaties up to 2011 (in %)a

Residence country Dom. Dom. (subst.) (portf.) AT AU BE BG CA CH CL CY CZ DE DK EE ES FI FR GR HU IE IT JP KR LT LU LV MT MX NL NO NZ PL PT RO SK SL SW TR UK US Source AT 25 25 15 15 0 5 0 — 10 0 5 0 5 10 0 0 5 10 10 15 10 5 5 5 5 15 5 5 0 15 5 15 0 10 5 5 5 5 5 country AU 0/30 0/30 15 15 — 5 15 — — 15 15 15 — 15 0/5 0/5 — 15 15 15 0/5/15 15 — — — 15 0 15 0/5 0/5 15 — 5 15 — 15 — 0/5 0/5 BE 0/25 25 15 15 10 5 10 0 10 5 15 0 5 0 5 10 5 10 15 15 5 15 5 10 5 15 5 0/5 5 15 5 15 5 5 5 5 5 5 0/5 BG 5 5 0 — 10 10 5 — 5 10 5 5 0 5 10 5 10 10 5 10 10 5 0 5 5 0 — 5 15 — 10 10 10 10 5 10 10 10 0/5 CA 25 25 5 5 5 10 5 10 15 5 5 5 5 15 5 5 5 5 5 15 5 5 5 5 5 15 5 5 5 15 15 10 5 5 5 5 — 5 5 CH 35 35 0 15 10 5 5 15 — 5 0 0 5 0 0 0 5 10 5 15 10 10 5 0/5 5 — 0 0 0 15 5 10 10 5 5 0 — 0 5 CL 35 35 — — 0 — 5/10 15 — — — 5 — 5 — 15 — — 5 — — 5 — — — — 5 — 5 15 5 10 — — — 5 — 5 — CY 0 0 10 — 10 5 15 — — 0 10 10 — — — 10 25 5 0 0 — — — — — 15 — — 0 — 10 — 10 10 10 5 — 0 0 CZ 15 15 0 5 5 10 5 5 — 0 5 15 5 5 5 0 — 5 5 15 10 5 5 5 5 5 10 0 0 15 5 10 10 5 5 0 10 5 5 DE 25 25 5 15 15 5 5 0 — 10 5 5 5 10 10 5 25 5 15 15 15 5 5 10 5 5 5 10 0 15 5 15 5 5 5 0 — 5/ 0/5 10 DK 28 15 0 15 0 5 5 0 5 10 15 0/5 5 0 0 — 0 5 0 0 10 15 5 5 5 0 0 0 0 15 0/5 0 10 15 5 0 15 0 0/5 EE 0 0 5—50 5 5——555 5555555— 5 5555— 5 5—5101010551055 ES 19 19 10 15 0 5 15 0 5 — 5 10 0 5 10 0 5 5 0 15 10 10/15 5 10 5 0 5 5/10 10 15 5 10 10 5 5 10 5 10 10 FI 28 28 0 0/5 5 10 5 0 — — 5 10 0 5 10 0 13 5 0 10 10 10 5 5 5 5 0 0 0 15 5 10 5 5 5 0 15 0 0/5 FR 25 25 0 0/5 10 5 5 0 15 10 0 0 — 5 0 0 — 5 10 5 0/5 10 5 5 5 5 0/5 5 0 15 5 15 10 10 0 0 15 0 0/5 GR 25 25 5 — 5 10 5 35 — 25 — 25 38 5/10 5 47 — 45 5 15 — 5 5 38 5 5 10 35 40 — — 15 45 — 0 5 15 — — HU 0 0 10 15 10 10 5 10 — 5 5 5 5 5 5 5 5 10 5 10 10 5 5 5 5 5 — 5 10 — 10 10 5 5 5 5 10 5 5 IE 0/20 0/20 0 0 — 5 5 0 5 0 5 — 0 5 0 0 — 5 5 15 0 0 5 — 5 5 5 0 5 0 5 15 3 0 5 0 5 5 5 IT 12.5/ 12.5/ 15 15 15 10 15 15 — 15 15 10 0 5 15 10 5 15 10 15 10 10 5 15 5 15 15 5/10 15 15 10 15 10 15 5 10 15 5 5 15/27 15/27 JP 7/20 7/20 10 0/5 10 10 10 10 — — 10 10 10 — 10 10 0/5 — 10 10 10 5 — 5 — — 0/5 5 5 15 10 — 10 10 — 0/5 10 05 0/5 KR 20 20 5 15 15 5 5 10 5 — 5 5 15 5 10 10 10 5 5 10 10 5 5 10 5 5 0 10 15 15 5 10 7 5 5 10 15 5 10 LT 15 0 5 — 5 0 5 5 — — 5 5 5 5 5 5 5 5 5 5 5 — 5 5 0 5 — 5 5 — 5 10 10 10 5 5 10 5 5 LU 15 15 5 — 10 0/5 0/5 0/5 — — 5 10 5 5 5 5 5 7.5 5 5 15 5 10 5 5 5 5 2.5 5 — 5 15 5 5 5 0 5 5 0/5 LV 10 10 5—5555——555 55555555— 5 05 5—5 5—5101010551055 MT 0 0 0 000 0——0000 0 0000000— 0 000 —0 0—000000—00 MX 0 0 5 0 5 — 5 5 5 — 10 5 0 — 5 0 0/5 10 — 5 15 0/5 0 — 8 — — 5 0 15 5 10 10 0 — 0/5 — 0 0/5 NL 15 15 5 15 0/5 5 5 0 — — 0 10 0 5 5 0 5 5 5 0 5/ 5 10 5 2.5 5 5 0/5 0 15 5 0 0/5 0 5 0 5 0 0/5 10 NO 25 25 0 0/5 5 15 5 0 5 0 0 0 0 5 10 0 0/5 20 10 5 15 5 15 5 5 5 15 0 0 15 0 10 10 5 0 0 20 5 15 NZ 15/30 15/30 15 0/5 15 — 15 15 15 — 15 15 15 — 15 15 15 — — 15 15 15 15 — — — — 15 15 15 15 — — — — 15 — 15 0/5 PL 0/19 19 5 15 5 10 15 5 5 10 5 5 0/5 5 5 5 5 — 10 0 10 10 5 5 5 5 5 5 5 0 15 10 5 5 5 5 10 0 5 PT 21.5/30 0/21.5/ 15 — 15 10 10 10 10 — 10 15 0 10 10 10 15 15 10 15 15 — 10 10 15 10 10 10 0 10 — 10 10 10 5 0 5 10 5 30 RO 16 16 0 5 5 10 5 10 — 10 10 5 10 10 10 5 10 20 5 3 10 10 7 10 5 10 5 10 0/5 10 — 5 10 10 5 10 15 10 10 SK 0 0 10 15 5 10 5 5 — 10 5 5 15 10 5 5 10 — 5 0 15 10 5 10 5 10 5 0 0 5 — 5 10 10 5 0 5 5 5 SL 15 20 5 — 5 5 5 5 — 10 5 5 5 5 5 5 0 10 5 5 5 — 5 5 5 5 5 — 5 0 — 5 5 5 5 5 10 0 5 SW 0 30 5 15 5 10 5 0 5 5 0 0 0 5 10 0 0 0 5 5 10 0/5 10 5 0 5 0 0/5 0 0 15 5 0 10 0 5 15 0 0/5 TR 15 15 5 — 10/ 10 15 — — — 10 — 15 10 5 15 15 15 10 5/ 15 10 15 10 10 10 — — 10 25 — 10 5 15 5 10 15 15 15 15 10 UK 00555105550/5 5 0 5 10 0 0 — 5 5 5 5 5 5 5 5 0 0 0 5 15 0 10 10 5 0 0 15 0/5 15 US 30 30 5 0/5 0/5 5 5 5 — 5 5 0/5 0/5 5 10 0/5 0/5 — 5 5 5 0/5 10 5 5 5 5 0/5 0/5 15 0/5 5 5 10 5 5 0/5 15 0/5 — no income tax treaty in place/no limitation or abolishment of withholding taxes agreed aCf. IBFD 2011b: Sect. 6.3.5 Table A.4 Limitations and/or the abolishment of WHT on interest payments in tax treaties up to 2011 (in %)a

Residence country Dom. Dom. (subst.) (portf.) AT AU BE BG CA CH CL CY CZ DE DK EE ES FI FR GR HU IE IT JP KR LT LU LV MT MX NL NO NZ PL PT RO SK SL SW TR UK US Source AT 0/25 0/25 10 15 0/5 10 0 — 0 0 0 0 10 5 0 0 8 0 0 10 10 10 10 0 10 5 0/10 0 0 10 0/5 10 0/3 0 0/ 0 10/ 00 country 5 15 AU 0/5/10 0/5/10 10 10 — 10 10 — — 10 10 10 — 10 0/10 0/ —1010100/15 — — — 15 10 10 0/10 0/ 10 — 10 10 — 10 — 0/10 0/10 10 10 10 BE 0/15 0/15 15 10 0/ 10 0/10 5/15 0/ 0/ 0/ 10 10 0/10 0/10 15 5/ 0/ 15 15 10 10 10 0/15 10 10 10/ 0/10 0/15 10 0/5 15 10 0/ 10 0/10 15 15 0/15 10 10 10 15 10 15 15 10 BG 5/10 10 0/5 — 0/10 0/ 0/10 — 7 10 0/5 0 0/ 0 0 0 10 10 5 0 10 10 10 0/10 5 0 — 0 0 — 10 0/10 15 10 5 0 10 0 0/5 10 5 CA 0/25 0/25 0/ 10 10 0/ 0/10 15 0/ 0/ 0/ 0/ 10 15 10 0/ 0/ 0/ 0/ 15 10 10 10 0/10 10 15 0/10 0/10 0/10 15 15 10 10 10 0/ 0/10 — 0/10 10 10 10 15 10 10 10 10 10 10 10 10 CH 0/3/35 3/35 00 10 0/10 0/ 0/ 5/15 — 0 0 0 0/ 0 0 0 10 10 0 12.5 10 10 10 0/10 10 — 5/10 5 0 10 10 10 10 0/ 55—0 0 10 10 10 10 CL 4/35 4/35 — — 5/15 — 10/ 5/15 — — — 5/ — 5/15 — 5/ —— 5/ ——5/— — — — 5/10/ — 5/15 10/ 5/ 5/ — — — 5/15 — 5/15 — 15 15 15 15 15 15 15 15 10/ 15 CY 0 0 0—10715— — 00/0/ —— — 0/10 0/ 010—————0/— — 0 — 10 — 0/ 10 10 10 — 10 0/10 10 10 10 10 10 10 CZ 0/15 0/15 0 10 0/10 10 10 0 — 0 0 0 10 0 0 0 10 0 0 0 10 10 10 0 10 0 10 0 0 10 10 10 7 0 5 0 10 0 0 DE 0/15 0/15 0 10 0/15 0/5 0/ 0 — 10 0 0/ 10 10 0 0 10 0 0 0/ 10 10/ 10 0 10 0 0/5/ 0/15 0 10 0/5 10/ 0/3 0 5 0 — 0 0 10 25 10 25 10 15 DK 0/25 0/25 0 10 10 0 0/ 0 5/15 0/ 0 0 10 10 0 — 8 0 0 0/ 10 15 10 0 10 0 0/5/ 0 0 10 0/5 0/10 10 0 5 0 15 0 0 15 10 10 15 EE 0 0 10 — 10 0/5 10 0/10 — — 10 10 10 0/10 10 0/ 10 10 10 10 — 10 10 0/10 10 10 — 0/10 10 — 10 10 10 10 10 10 10 0/10 10 10 ES 0/19 0/19 5 10 10 0 15 0 15 — 0 10 10 0/ 10 0/ 0/8 0 0 0/ 10 10 10 10 10 0 0/5/ 10 0/10 10 0 15 10 0 0/ 15 10/ 12 0/10 10 10 12 10 5 15 FI 0/28 0/28 0 0/ 0/10 0 0/ 0 — — 0 0 0 10 10 0/ 10 0 0 0/ 10 10 10 0 10 0 0/10/ 0 0 10 0/5 15 5 0 5 0 15 0 0 10 10 10 15 15 FR 0000/15 0 0/ 0 5/15 0/ 00—0/0/10 0/10 0/ 000/0/ 0/ 10 0 10 10 0/5/ 10 0 10 0 12 10 0 0/ 0150 0 10 10 10 10 12 10 10 10 10 5 GR 0/5/10/40 0/10/40 8 — 5/10 10 10 10 — 10 10 10 8 10 0/8 10 10 10 5 0/ — 8 10 8 10 8 10 8/10 10 — 10 15 10 10 10 10 12 0 0 10 HU 0/30 0/30 0 10 0/15 10 10 10 — 10 0 0 0 10 0 0 0 10 0 0 10 0 10 0 10 10 — 0 0 — 10 10 15 0 5 0 10 0 0 IE 0/20 0/20 0 10 0/15 5 0/ 0 5/15 0 0 0 0 10 0 0 0 5 0 10 10 0 10 0 10 0 5/10 0 0 10 0/ 0/15 3 0 5 0 10/ 00 10 10 15 IT 0/12.5/27 0/12.5/ 0/ 10 15 0 0/ 12.5 — 10 0/ 0/ 0/ 0/ 0/12 0/15 0/ 0/ 010 100/0/ 0/10 10 0/ 0/15 0/10 0/15 0/ 0/ 0/15 0/ 00/0/15 15 0/10 0/10 27 10 15 5 10 10 10 10 10 10 10 10 10 10 10 10 JP 0/15/20 0/15/20 10 0/ 10 10 10 10 — — 10 10 10 — 10 10 0/ — 10 10 10 10 — 10 — — 10/ 10 10 — 10 — 10 10 — 10 10/ 10 0/10 10 10 15 15 KR 14/20 14/20 10 15 10 10 10 10 10/ — 10 10 15 10 10 10 10 8 0 0 10 10 10 10 10 10 5/15 10/ 15 10 10 15 10 10 5 10/ 10/ 10 12 15 15 15 15 LT 0/10 0/10 10 — 10 10 10 10 — — 10 10 10 10 10 10 10 10 10 10 10 — 10 10 0 10 — 10 10 — 10 10 10 10 10 10 10 10 10 LU 0/15 0/15 0 — 0/15 0/ 0/ 0/10 — — 0 0 0 0/ 10 0 10 8 0 0 10 10 10 10 10 0 0/10 0/ 0—0/10/ 10 0 5 0 10/ 00 10 10 10 2.5/ 10 15 15 15 LV 0/5/10 0/10 10 — 10 5 10 10 — — 10 10 10 10 10 10 10 10 10 10 10 — 10 0 10 10 — 10 10 — 10 10 10 10 10 10 10 10 10 MT 0 0 5 15 10 0 15 — — 10 0 0 0 10 0 0 5 8 10 0 0/ — 10 10 0 10 — 10 10 — 10 10 5 0 5 0 — 10 10 10 MX 4.9/10/15/ 4.9/10/ 0/ 10/ 0/ —0/ 0/ 5/ —100/ 0/ —0/ 0/ 0/ 10 — 0/ 0/ 10/ 0/ — 0/10 — — 0/5/ 0/ 0/ 0/ 0/10 15 0/ —0/— 0/5/ 0/4.9/ 21/30/40 21/30/40 10 15 10/ 10 10/ 10/ 5/ 5/ 10/ 10/ 5/ 5/ 10 15 5/ 10 10/ 10 5/ 10 10/ 10/ 10/15 15 15 15 10 15 15 15 10 10 15 15 15 15 15 NL 0/15 0/15 0 10 0/10 0 0/ 5——0000/10 0 0/ 8/ 0 0 10 10 10/ 10 0/ 10 10 0/5/ 0 10 0/5 10 0 0 0/ 0 10/ 00 10 10 10 10 15 2.5/ 10/ 5 15 15 15 NO 0000/0/15 0 0/ 0 5/15 0 0 0 0 10 0/10 0 0 10 0 0 0/ 10 15 10 0 10 10 0/10/ 0 10 0/5 15 10 0 5 0 15 0 0 10 10 15 15 NZ 2/15 2/15 10 10 10 — 15 10 10/ — 10 10 10 — 10 10 10 — — 10 10 — 10 — — — — 10 10 10 10 — — — — 10 — 10 0/10 15 PL 0/5/20 0/20 0/5 10 0/5 10 15 10 5/15 10 10 0/5 0/5 10 0 0/5 0 10 10 0/ 10 10 10 10 0/10 10 10 0/5/ 0/5 0/5 10 10 10 10 10 0 10 0/5 0 10 15 PT 0/5/21.5/ 0/21.5/ 10 — 15 0/ 0/ 10 5/ —0/10/ 0/ 10 15 15 12 15 0/ 0/ 0/ —0/10 10/ 10 10 0/10 0/10 15 — 0/ 0/ 10 10 0/10 10/ 10 0/10 30 30 10 10 10/ 10 15 10 10 15 15 15 15 10 10 15 15 RO 0/10/16 0/16 0/3 10 10 15 0/ 10 — 10 7 0/3 10 10 10 5 10 10 15 3 0/ 10 10 10 10 10 5 15 0/3 10 — 10 0/10 10 5 10 10 10 10 10 10 SK 0/19 19 0 10 0/10 10 0/ 0/10 — 10 0 0 0 10 0 0 0 10 0 0 0 10 10 10 0 10 0 10 0 0 — 10 10 10 10 0 10 0 0 10 SL 0/15 0/15 0/5 — 10 5 10 5 — 10 5 5 5 10 5 5 0/5 10 5 5 0/ — 5 10 5 10 5 — 5 5 — 10 10 5 10 0 10 0/5 5 10 SW 0 0 0 10 0/10 0 0/ 5 5/15 10 0 0 0 10 15 0 0 10 0 0 0/ 10 10/ 10 0 10 0 0/10/ 0 0 10 0 0/10 10 0 0 15 0 0 10 15 15 15 (continued) Table A.4 (continued)

Residence country Dom. Dom. (subst.) (portf.) AT AU BE BG CA CH CL CY CZ DE DK EE ES FI FR GR HU IE IT JP KR LT LU LV MT MX NL NO NZ PL PT RO SK SL SW TR UK US TR 0/1/3/5/7/ 0/1/3/5/ 10/ —151015———10—151010/15 15 12 10 10/ 15 10/ 10/ 10 10/ 10 — — 10/ 15 — 10 10/ 10 10 10 15 15 10/15 10/15 7/10/15 15 15 15 15 15 15 15 15 UK 0/20 20 0 0/ 15 0 10 0 5/15 10 0 0 0 10 12 0 0 0 0 0 10 0/ 10 5/ 0 10 10 0/5/ 0 0 10 0/5 10 10 0 0/ 015 0 10 10 10 10/ 5 15 US 0/30 0/30 0 0/ 050/0 — 10 0 0 0 10 10 0 0 0 0 0 10 10 12 10 0 10 10 15 0 0 10 0 10 10 0 5 0 15 0 10 7/4 — no income tax treaty in place/no limitation or abolishment of withholding taxes agreed aCf. IBFD 2011b: Sect. 6.3.5 Table A.5 Dividend and interest definitions of Australian income tax treaties Income tax treaties Dividend definition Interest definition Other rights Other rights not being debt- Debt- Carrying a Jouissance being debt- claims, Other Reference claims right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source of every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Argentina 1999 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●●○ Austria 1986 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Belgium 1977 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●●○ Canada 1980 10(4) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Chile 2010 10(3) ●○ ● ○ ○ ●○11(5) ●○ ○ ●●○ China 1988 10(3) ●○ ● ○ ○ ●○11(3) ●● ● ●○○ Czech 1995 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Republic Denmark 1981 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Fiji 1990 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Finland 2006 10(4) ●○ ● ○ ○ ●○11(5) ●● ● ●○○ France 2006 10(3) ●○ ● ○ ○ ●○11(5) ●● ● ●○○ Germany 1972 10(3) ●○ ○ ○ ○ ●●11(2) ●● ● ●○○ Hungary 1990 10(3) ●○ ● ○ ○ ●○11(3) ●● ● ●○○ India 1991 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Indonesia 1992 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Ireland 1983 11(5) ●○ ○ ○ ○ ●○12(3) ●● ● ●●○ Italy 1982 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ Japan 2008 10(6) ●○ ● ○ ○ ●○11(5) ●● ● ●●○ Kiribati 1991 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Rep. of 1982 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ Korea Malaysia 1980 10(4) ●○ ○ ○ ○ ●○11(7) ●● ● ●○○ Malta 1984 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Mexico 2002 10(5) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ New 2009 10(5) ●○ ● ● ○ ●○11(5) ●● ● ●●○ Zealand (continued) Table A.5 (continued)

Income tax treaties Dividend definition Interest definition Other rights Other rights not being debt- Debt- Carrying a Jouissance being debt- claims, Other Reference claims right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source of every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Norway 2006 10(4) ●○ ● ○ ○ ●○11(5) ●○ ○ ●○○ Papua New 1989 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Guinea Philippines 1979 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Poland 1991 10(3) ●○ ● ○ ○ ●○11(3) ●● ● ●○○ Romania 2000 10(4) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ Russia 2000 10(4) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Singapore 1969 – ○○ ○ ○ ○ ○○9(5) ●○ ○ ○○○ Slovak 1999 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Republic South 1999 10(4) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Africa Spain 1992 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Sri Lanka 1989 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Sweden 1981 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ Switzerland 1980 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Taiwan 1996 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ Thailand 1989 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ The 1976 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●●○ Netherlands Turkey 2010 10(3) ●○ ● ○ ○ ●○11(4) ●● ● ●○○ United 2003 10(4) ●○ ● ○ ● ●○11(5) ●● ● ●●○ Kingdom United 1982 10(6) ●○ ○ ○ ○ ●○11(5) ●● ● ●●● States Vietnam 1992 10(3) ●○ ○ ○ ○ ●○11(3) ●● ● ●○○ ● is fulfilled, ○ is not fulfilled Table A.6 Dividend and interest definitions of German income tax treaties Income tax treaties Dividend definition Interest definition Other rights Debt- Other rights not being debt- claims Carrying a Jouissance being debt- claims, Other Reference of right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Albania 2010 10(3) ●● ● ● ○ ●●11(4) ●● ○ ○○● Algeria 2007 10(3) ●● ○ ● ○ ●●11(5) ●○ ○ ○○○ Argentina 1978 10(3) ●○ ● ● ● ●●11(4) ●● ● ●○○ Armenia 1981 7(3) ●○ ● ● ○ ●●8(4) ●○ ○ ○○○ Australia 1972 10(3) ●○ ○ ○ ○ ●●11(2) ●● ● ●○○ Austria 2000 10(3) ●● ○ ● ○ ●●11(3) ●● ● ○●○ Azerbaijan 2004 10(3) ●● ● ● ○ ●●11(5) ●○ ○ ○○○ Bangladesh 1990 10(3) ●○ ● ● ● ●●11(4) ●● ● ○○○ Belarus 2005 10(3) ●○ ● ● ○ ●●11(4) ●● ● ○○○ Belgium 1967 10(5) ●● ● ○ ● ●●11(4) ●● ● ●●○ Bolivia 1992 10(2) ●● ● ● ○ ●●11(3) ●● ● ○○○ Bosnia and 1987 11(2) ●● ● ● ○ ●●12(2) ●● ● ○○○ Herzegovina Bulgaria 2010 10(3) ●● ● ● ○ ●●11(5) ●● ● ○●○ Canada 2001 10(3) ●● ● ● ○ ●●11(4) ●○ ○ ●●○ China 1985 10(3) ●○ ● ● ● ●●11(4) ●● ● ○○○ Costa Rica 1993 10(2) ●● ● ● ○ ●●11(3) ●● ● ○○○ Croatia 2006 10(3) ●● ○ ● ○ ●●11(2) ●○ ○ ○○○ Cyprus 1974 10(5) ●○ ● ○ ● ●●11(4) ●● ● ●○○ Cyprus 2011 10(3) ●● ○ ○ ○ ●○11(2) ●○ ○ ○○○ Czech 1980 10(4) ●● ● ○ ● ●●11(2) ●● ● ●○○ Republic Denmark 1995 10(4) ●● ● ● ○ ●●11(2) ●● ● ○●○ Ecuador 1982 10(3) ●○ ● ○ ● ●●11(3) ●● ● ●○○ Egypt 1987 10(5) ●● ● ● ● ●●11(4) ●● ● ○○○ Estonia 1996 10(3) ●● ● ● ○ ●●11(4) ●● ● ○○○ (continued) Table A.6 (continued)

Income tax treaties Dividend definition Interest definition Other rights Debt- Other rights not being debt- claims Carrying a Jouissance being debt- claims, Other Reference of right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Spain 2011 10(3) ●● ● ● ○ ●●11(2) ●● ● ○○○ Sri Lanka 1979 10(3) ●● ● ● ○ ●●11(6) ●● ● ●○○ Sweden 1992 10(4) ●● ○ ● J ●●11(2) ●● ● ○●○ Switzerland 1971 10(2)/ ●● ● ○ ● ●●11(2) ●○ ○ ●○○ 10(4) Switzerland 2011 25(a) ●● ● ○ ● ●○24(1) ●● ● ○○○ Syria 2010 10(3) ●○ ○ ● ○ ●●11(5) ●○ ○ ○○○ Tajikistan 2003 10(3) ●● ○ ● ○ ●●11(2) ●○ ○ ○○○ Thailand 1967 10(4) ●○ ○ ○ ● ●○11(5) ●● ● ●○○ The 1959 14(3) ●○ ○ ○ ○ ○●14(3) ●○ ○ ○○○ Netherlands Trinidad and 1973 10(4) ●○ ○ ○ ● ●●11(4) ●● ● ●●○ Tobago Tunisia 1975 10(5) ●● ● ○ ● ●○11(3) ●● ● ●○○ Turkey 2011 10(3) ●● ● ● ● ●●11(4) ●○ ○ ○○○ Turkmenistan 1981 7(3) ●○ ● ● ○ ●●8(4) ●○ ○ ○○○ Ukraine 1995 10(3) ●● ● ● ○ ●●11(4) ●● ● ○○○ United Arab 2010 10(3) ●● ○ ● ○ ●●11(2) ●● ● ○○○ Emirates United 2010 10(3) ●● ○ ● ○ ●●11(2) ●● ● ○●○ Kingdom United States 1989 10(4)/ ●● ● ● ○ ●●11(2) ●○ ○ ●●○ 10(5) United States 2006 10(5/ ●● ● ● ○ ●●11(2) ●○ ○ ●●○ 10(6) Uruguay 1987 10(2) ●○ ● ○ ● ●●11(3) ●● ● ●○○ Uruguay 2010 10(3) ●● ○ ● ○ ●●11(5) ●○ ○ ○●○ Uzbekistan 1999 10(3) ●● ● ● ○ ●●11(4) ●● ● ○●○ Venezuela 1995 10(2) ●● ● ● ○ ●●11(3) ●● ● ○○○ Vietnam 1995 10(3) ●● ● ● ○ ●●11(4) ●● ● ○○○ Zambia 1973 10(4) ●○ ● ○ ● ●●11(4) ●● ● ●○○ Zimbabwe 1988 10(4) ●● ● ● ○ ●●11(4) ●● ● ○●○ ● is fulfilled, ○ is not fulfilled, J may be fulfilled Table A.7 Dividend and interest definitions of Italian income tax treaties Income tax treaties Dividend definition Interest definition Other rights Debt- Other rights not being debt- claims Carrying a Jouissance being debt- claims, Other Reference of right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Albania 1994 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Algeria 1991 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Argentina 1979 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Armenia 2002 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Australia 1982 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●○○ Austria 1981 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Bangladesh 1990 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Belarus 2005 10(3) ●○ ● ○ ○ ●○11(4) ●● ● ●○○ Belgium 1983 10(3) ●● ● ○ ● ●○11(4) ●● ● ●●○ Bosnia and 1982 10(3) ●○ ● ○ ● ●○11(3) ●● ● ●○○ Herzegovina Brazil 1978 10(4) ●● ● ○ ● ●○11(4) ●● ● ●○○ Bulgaria 1988 8(3) ●● ● ○ ● ●○9(2) ●● ● ●○○ Canada 1977 10(3) ●● ● ○ ○ ●○11(4) ●● ● ●●○ China 1986 10(3) ●● ● ○ ● ●○11(4) ●● ● ○○○ Croatia 1999 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Cyprus 1974 10(2) ●● ● ○ ● ●○11(3) ●● ● ●○○ Czech 1981 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Republic Denmark 1999 10(3) ●● ● ○ ● ●○11(5) ●● ● ●○○ Ecuador 1984 10(4) ●● ● ○ ● ●○11(4) ●● ● ●○○ Egypt 1979 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Estonia 1997 10(3) ●● ● ○ ● ●○11(4) ●○ ○ ●○○ Finland 1981 10(3) ●○ ● ○ ● ●○11(4) ●● ● ●○○ France 1989 10(9) ●● ● ○ ○ ●○11(5) ●● ● ●○○ Georgia 2000 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Germany 1989 10(6) ●● ● ○ ○ ●○11(4) ●● ● ●●○ Ghana 2004 10(3) ●● ● ○ J ●○11(3) ●● ● ●○○ Greece 1987 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Hungary 1977 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Iceland 2002 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ India 1993 11(4) ●● ● ○ ● ●○12(4) ●● ● ●○○ Indonesia 1990 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Ireland 1971 9(5) ●● ● ○ ● ●○10(3) ●● ● ●○○ Israel 1995 10(5) ●● ● ○ ● ●○11(3) ●● ● ●○○ Ivory Coast 1982 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Japan 1969 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○● Jordan 2004 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Kazakhstan 1994 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Rep. of Korea 1989 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Kuwait 1987 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Latvia 1997 10(3) ●● ● ○ ● ●○11(4) ●○ ○ ●○○ Libyia 2009 11(3) ●● ● ○ J ●○12(4) ●● ● ●●○ Lithuania 1996 10(3) ●● ● ○ ● ●○11(4) ●○ ○ ●○○ Luxembourg 1981 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Malaysia 1984 10(6) ●● ● ○ ● ●○11(5) ●● ● ●○○ Malta 1981 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Marcedonia 1996 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Mauritius 1990 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Mexico 1991 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Moldova 2002 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Morocco 1972 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Mozambique 1998 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ New Zealand 1979 10(3) ●○ ○ ○ ○ ●○11(4) ●● ● ●●○ Norway 1985 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Oman 1998 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ (continued) Table A.7 (continued)

Income tax treaties Dividend definition Interest definition Other rights Debt- Other rights not being debt- claims Carrying a Jouissance being debt- claims, Other Reference of right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. in corporate to source every participation a right to to source Excluding state conclusion Article Shares rights in profits profits rights state Other Article kind in profits participation state dividends Other Pakistan 1984 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Philippines 1980 10(4) ●● ● ○ ○ ●○11(4) ●● ● ●○○ Poland 1985 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Portugal 1980 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Qatar 2002 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Romania 1977 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Russia 1996 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Saudi Arabia 2007 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Serbia and 1982 10(3) ●○ ● ○ ● ●○11(3) ●● ● ●○○ Montenegro Singapore 1977 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Slovak 1981 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Republic Slovenia 2001 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ South Africa 1995 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Spain 1977 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Sri Lanka 1984 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Sweden 1980 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Switzerland 1976 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Syria 2000 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Tansania 1973 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Thailand 1977 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ The 1990 10(5) ●● ● ● ● ●○11(5) ●○ ○ ●●● Netherlands Trinidad and 1971 10(3) ●○ ○ ○ ● ●○11(3) ●● ● ●○○ Tobego Tunisia 1979 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Turkey 1990 10(3) ●● ● ○ ● ●○11(3) ●● ● ●○○ Turkmenistan 1985 8(2) ●○ ○ ○ ○ ●○– ○○ ○ ○○○ Ukraine 1997 10(3) ●○ ● ○ ● ●○11(4) ●● ● ●○○ United Arab 1995 10(3) ●● ● ○ ● ●○11(2) ●● ● ●○○ Emirates United 1988 10(6) ●● ● ○ ● ●○11(5) ●● ● ●●○ Kingdom United States 1999 10(3) ●● ● ○ ○ ●○11(4) ●● ● ●●○ Uzbekistan 2000 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Venezuela 1990 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Vietnam 1996 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Zambia 1972 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○● ● is fulfilled, ○ is not fulfilled, J may be fulfilled Table A.8 Dividend and interest definitions of Dutch income tax treaties Income tax treaties Dividend definition Interest definition Other rights Debt- Other rights not being debt- claims Carrying a Jouissance being debt- claims, Other Reference of right to Not carrying Reference Contracting Year of shares/ claims, particip. particip. corporate to source every participation a right to to source Excluding State Conclusion Article Shares rights in profits in profits rights state Other Article kind in profits participation state dividends Other Albania 2004 10(5) ●● ● ○ ● ●○11(5) ●● ● ○○○ Argentina 1996 10(5) ●● ● ○ ● ●○12(6) ●● ● ○○○ Armenia 2001 10(5) ●● ● ○ ● ●●11(5) ●● ● ○○○ Australia 1976 10(3) ○○ ○ ○ ○ ●○11(3) ●● ● ●●○ Austria 1970 10(6) ●● ● ○ ● ●○11(2) ●● ● ○○● Azerbaijan 2008 10(5) ●● ● ○ ● ●○11(5) ●● ● ○○○ Bahrain 2008 10(5) ●● ● ○ ● ●○11(2) ●● ● ○○○ Bangladesh 1993 10(4) ●● ● ● ● ●●11(4) ●● ● ○●○ Barbados 2006 10(6) ●● ● ○ ● ●○11(5) ●● ● ○○○ Belarus 1996 10(6) ●○ ○ ● ○ ●○11(5) ●○ ● ○○○ Belgium 2001 10(4) ●● ● ○ ● ●○11(4) ●● ● ●○○ Bosnia and 1982 10(5) ●○ ● ● ● ●○11(2) ●○ ● ●○○ Herzegovina Brazil 1990 10(3) ●● ● ○ ● ●○11(4) ●● ● ●○○ Bulgaria 1990 10(5) ●● ○ ○ ● ●○11(3) ●○ ○ ○○○ Canada 1986 10(4) ●● ● ● ○ ●○11(5) ●○ ○ ●●○ China 1987 10(3) ●○ ● ○ ● ●○11(5) ●● ● ○○○ Croatia 2000 10(6) ●● ● ● ● ●○11(3) ●○ ● ○○○ Czech 1974 10(6) ●● ● ● ● ●○11(2) ●○ ● ●○○ Republic Denmark 1996 10(5) ●● ● ○ ● ●●11(2) ●● ● ●○○ Egypt 1999 10(7) ●● ● ● ● ●○11(5) ●○ ● ○○○ Estonia 1997 10(5) ●● ● ● ● ●○11(5) ●○ ● ○○○ Finland 1995 10(7) ●○ ● ● ● ●○11(2) ●○ ● ○○○ France 1973 10(5) ●● ● ○ ● ●○11(4) ●● ● ●○○ Georgia 2002 10(4) ●● ● ○ ● ●○11(2) ●● ● ●○○ Germany 1959 14(3) ●○ ○ ○ ○ ○○14(3) ●○ ○ ○○○ Ghana 2008 10(5) ●● ● ○ ● ●○11(6) ●● ● ○○○ Greece 1981 10(3) ●● ● ● ● ●○11(3) ●○ ● ○○○ Hong Kong 2010 10(6) ●● ● ○ ● ●○11(3) ●● ● ○○○ Hungary 1986 10(5) ●● ● ● ● ●○11(3) ●○ ● ○○○ Iceland 1997 10(6) ●● ● ● ● ●○11(3) ●○ ● ○○○ India 1988 10(5) ●● ● ● ● ●○11(6) ●○ ● ○○○ Indonesia 2002 10(5) ●● ● ● ● ●○11(6) ●● ● ○●○ Ireland 1969 8(7) ●● ● ○ ● ●○9(3) ●● ● ●○○ Israel 1973 11(5) ●● ● ● ● ●○12(4) ●○ ● ●○○ Italy 1990 10(5) ●● ● ● ● ●○11(5) ○○ ○ ●●● Japan 1970 11(5) ●● ● ○ ● ●○12(4) ●● ● ● J ○ Jordan 2006 10(6) ●● ● ● ● ●○11(5) ●○ ● ○○○ Kazakhstan 1996 10(5) ●● ● ○ ● ●●11(5) ●● ● ○○○ Rep. of 1978 10(4) ●● ● ○ ● ●○11(4) ●● ● ●○○ Korea Kosovo 1982 10(5) ●○ ● ● ● ●○11(2) ●○ ● ●○○ Kuwait 2001 10(4) ●● ● ○ ● ●●11(2) ●● ● ○○○ Latvia 1994 10(5) ●● ● ● ● ●○11(5) ●○ ● ○○○ Lithuania 1999 10(5) ●● ● ● ● ●○11(5) ●○ ● ○○○ Luxembourg 1968 10(5) ●● ● ● ● ●○11(3) ●○ ○ ●●○ Malawi 1969 – ○○ ○ ○ ○ ○○7(2) ●○ ○ ○○○ Malaysia 1988 11(5) ●● ● ○ ● ●○12(5) ●● ● ○○○ Malta 1977 10(4) ●● ● ○ ● ●○11(4) ●○ ● ●○○ Marcedonia 1998 10(6) ●● ● ● ● ●○11(3) ●○ ● ○○○ Mexico 1993 10(4) ●● ● ○ ● ●○11(4) ●● ● ○○○ Moldova 2000 10(6) ●● ● ○ ● ●●11(5) ●● ● ○○○ Mongolia 2002 10(5) ●○ ● ○ ● ●●11(4) ●● ● ○○○ Morocco 1977 10(5) ●● ● ○ ● ●○11(4) ●● ● ●○○ New Zealnd 1980 10(5) ○○ ○ ○ ○ ●○11(5) ●○ ● ○●○ (continued) Table A.8 (continued)

Judgments of the European Court of Justice (ECJ) 28/01/1986 270/83 (Avoir Fiscal) ECR 1986, 273 27/09/1988 81/87 (Daily Mail) ECR 1988, 5483 28/01/1992 C-204/90 (Bachmann) ECR 1992, I-249 28/01/1992 C-300/90 (Commission/Belgium) ECR 1992, I-305 13/07/1993 C-330/91 (Commerzbank) ECR 1993, I-4017 14/02/1995 C-279/93 (Schumacker) ECR 1995, I-225 11/08/1995 C-80/94 (Wielockx) ECR 1995, I-2493 30/11/1995 C-55/94 (Gebhard) ECR 1995, I-4165 01/02/1996 C-177/94 (Perﬁli) ECR 1996, I-161 27/06/1996 C-107/94 (Asscher) ECR 1996, I-3089 15/05/1997 C-250/95 (Futura-Singer) ECR 1997, I-2471 12/05/1998 C-336/96 (Gilly) ECR 1998, I-2793 29/04/1999 C-311/97 (Royal Bank of Scotland) ECR 1999, I-2651 21/09/1999 C-397/07 (Saint Gobain) ECR 1999, I-6161 13/04/2000 C-251/98 (Baars) ECR 2000, I-2787 08/06/2000 C-375/98 (Epson Europe) ECR 2000, I-4243 14/12/2000 C-141/99 (AMID) ECR 2000, I-11619 21/11/2002 C-436/00 (X and Y) ECR 2002, I-10829 12/12/2002 C-324/00 (Lankhorst-Hohorst) ECR 2002, I-11779 12/06/2003 C-234/01 (Gerritse) ECR 2003, I-5933 18/09/2003 C-168/01 (Bosal) ECR 2003, I-9409 25/09/2003 C-58/01 (Oce´ Van der Grinten) ECR 2003, I-9809 11/03/2004 C-9/02 (De Lasteyrie du Saillant) ECR 2004, I-2409 05/07/2005 C-376/03 (D.) ECR 2005, I-5821 13/12/2005 C-446/03 (Marks&Spencer) ECR 2005, I-10837 23/02/2006 C-471/04 (Keller Holding) ECR 2006, I-2107 14/12/2006 C-170/05 (Denkavit) ECR 2006, I-11949 12/12/2006 C-446/04 (FII GL) ECR 2006, I-11753 06/03/2007 C-292/04 (Meilicke) ECR 2007, I-1835 29/03/2007 C-347/04 (Rewe Zentralﬁnanz) ECR 2007, I-2647 18/07/2007 C-231/05 (Oy AA) ECR 2007, I-6373 24/05/2007 C-157/05 (Holbo¨ck) ECR 2007, I-4051 (continued) 350 Table of Cases 351

08/11/2007 C-379/05 (Amurta) ECR 2007, I-9569 15/05/2008 C-414/06 (Lidl Belgium) ECR 2008, I-3601 23/10/2008 C-157/07 (Krankenheim Ruhesitz) ECR 2008, I-8061 22/12/2008 C-48/07 (Les Vergers du Vieux ECR 2008, I-10627 Tauves) 16/07/2009 C-128/08 (Damseaux) ECR 2009, I-06823 21/07/2011 C-397/09 (SST) Not yet ofﬁcially published 20/10/2011 C-284/09 (Germany) Not yet ofﬁcially published Judgments of the Australian Federal Court (FCA) 31/07/1992 Federal Commissioner of Taxation FCA: 363 v Joan Dorothy Roberts and Valentine Roy Smith 03/02/1997 Federal Commissioner of Taxation FCA: 22 v Radilo Enterprises Pty Ltd 18/10/2000 Federal Commissioner of Taxation FCA: 1431 v Broken Hill Pty Company Ltd 13/09/2001 Firth v Federal Commissioner FCA: 1300 of Taxation 25/05/2009 George Bank Limited v Federal FCAFC: 62 Commissioner of Taxation Judgments of the Australian High Court (HCA) 09/11/1937 Perseverance Boulder Ltd v CLR 58: 223 Federal Commissioner of Taxation 23/12/1938 Sun Newspapers Ltd v Federal CLR 61: 337 Commissioner of Taxation 06/03/1952 Federal Commissioner of Taxation CLR 85: 306 v Midland Railway Company of Western Australia Ltd 14/11/1991 Fletcher v Federal Commissioner CLR 173: 1 of Taxation Judgments of the Dutch Supreme Court (HR) 03/11/1954 11928 BNB 1954: 357 05/06/1957 13127 BNB 1957: 239 27/01/1988 23919 BNB 1988: 217 27/03/1996 30803 BNB 1996: 229 11/03/1998 32240 BNB 1998: 208 17/12/1999 34151 BNB 1999: 176 12/12/2003 38461 BNB 2004: 123 25/11/2005 40989, 40990, 40991, 40992 BNB 2006: 82 12/05/2006 40450 BNB 2007: 38 08/09/2006 42015 BNB 2007: 104 09/05/2008 43849 BNB 2008: 191 Judgment of the Dutch Lower Court of Haarlem (Haarlem Court) 25/01/2011 09/3391 LJN, BQ0936 Judgments of the German Federal Court of Justice (BGH) 21/03/1988 II ZR 238/87 BGHZ 104, 33 05/10/1992 II ZR 172/91 BGHZ 119, 305 20/09/2010 II ZR 296/08 BGHZ 187, 69 (continued) 352 Table of Cases

Judgments of the German Federal Fiscal Court of Justice (BFH)

21/07/1973 I R 106/71 BStBl II 1973, 460 11/02/1987 I R 43/83 BStBl II 1987, 643 30/05/1990 I R 97/88 BStBl II 1990, 875 23/06/1992 IX R 182/87 BStBl II 1992, 972 14/10/1992 I R 1/91 BStBl II 1993, 189 19/01/1994 I R 67/92 BStBl II 1996, 77 08/02/1995 I R 73/94 BStBl II 1995, 552 16/12/1998 I R 138/97 BStBl II 1999, 437 25/01/2000 VIII R 50/97 BStBl II 2000, 393 13/09/2000 I R 61/99 BStBl II 2001, 67 27/04/2000 I R 58/99 BStBl II 2001, 168 14/06/2005 VIII R 73/03 BStBl II 2005, 861 08/04/2008 VIII R 3/05 BStBl II 2008, 852 19/05/2010 I R 75/09 BStBl II 2011, 208 22/06/2010 I R 78/02 BFH/NV 2011, 12 23/06/2010 I R 37/09 BStBl II 2010, 895 26/08/2011 I R 53/09 BFHE 231, 63 Table of Statutes

Directives of the European Council Council Directive 90/435/EEC of 23/07/1990 on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States, OJ L225, 20/08/1990, 6 Council Directive 2003/48/EC of 03/06/2003 on taxation of savings income in the form of interest payments, OJ L157, 26/06/2003, 38 Council Directive 2003/49/EC of 03/06/2003 on a common system of taxation applicable to interest and royalty payments made between associated companies of different Member States, OJ L157, 26/06/2003, 49 Council Directive 2003/123/EC of 22/12/2003 amending Directive 90/435/EEC of 23/07/1990 on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States, OJ L7, 13/01/2004, 41 Council Directive 2006/98/EC of 20/11/2006 amending Directive 2003/48/EC of 03/06/2003 on taxation of savings income in the form of interest payements, OJ L363, 20/12/2006, 129 Circular of the Australian Taxation Ofﬁce (ATO) 14/01/2009 TD 2009/1 http://law.ato.gov.au/TXD/TD20091/NAT/ATO/ 00001&PiT¼99991231235958, accessed August 23, 2011 Circulars of the German Federal Ministry of Finance (BMF) 17/02/1986 IV B 7 – S 2742 – 1/86 Not published 08/12/1986 IV B 7 – S 2742 – 26/86 Betriebs-Berater 1987, 667 27/12/1995 IV B 7 – S 2742 – 76/95 BStBl I 1996, 49 19/03/2004 IV B 4 – S 1301 USA – 22/04 BStBl I 2004, 411 04/07/2008 IV C 7 – S 2742 – a/07/10001 BStBl I 2008, 718 04/04/2011 IV A 2 – O 1000/10/10283, BStBl I 2011, 356 2011/0281950 Circular of the German Superior Finance Directorate (OFD) 16/10/2002 G 1425 A –8–StII22,Frankfurt Deutsches Steuerrecht 2003, 251 Circulars of the Italian Revenue Agency (AE) 16/06/2004 Circolare 26/E http://www.agenziaentrate.gov.it/wps/wcm/ connect/79052d8047115142a7fbbf3e920074ed/ circ+26e+del+1+giugno+2011.pdf? MOD¼AJPERES&CACHEID¼79052d804 7115142a7fbbf3e920074ed, accessed January 8, 2012 (continued)

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