Decree Extends Withholding Tax Exemption to Foreign Banks
In a royal decree issued July 3, Belgium has granted foreign banks the same exemption from withholding tax as Belgian banks. It is of particular interest to British, French, and U.S. banks, as they now can recover tax that has been withheld during the past two years.
Decree Extends Withholding Tax Exemption to Foreign Banks, Tax Notes International, 25 July 2005, p. 306
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