Details of the income tax treaty between Spain and Barbados, signed on 1 December 2010, have become available. The treaty was concluded in the Spanish and English languages, each text having equal authenticity. The treaty generally follows the OECD Model Convention.
The maximum rates of withholding tax are:
| - | 5% on dividends, in general, and 0% if the beneficial owner is a company (other than a … |