Debt securities - Double Taxation Treaties concluded by Belgium and currently in force

09.03.2017

Note: Clearstream Banking provides these rates for information purposes only and does not assume liability in any case of error, omission or consequential damages. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.

The standard rate of withholding tax on interest as of 1 January 2017 is 30% before any refund.

From 1 January 2016 to 31 December 2016 the standard withholding tax rate on interest payments was 27%.

The prescribed form for tax refunds is, in all cases, Form 276-Int.Aut.

CountryRate prescribed
by the DTT -
Interest (%)
Tax refund
available (%)
Albania525
Algeria1515
Argentina1218
Armenia1020
Australia1020
Austria1515
Azerbaijan1020
Bahrain525
Bangladesh1515
Belarus1020
Bosnia-Hertzegovina1515
Brazil1515
Bulgaria1020
Canada1020
Chile1515
China1020
Congo1020
Croatia1020
Cyprus1020
Czech Republic1020
Denmark1020
Ecuador1020
Egypt1515
Estonia1020
Finland1020
France1515
Gabon1515
Georgia1020
Germany1515
Ghana1020
Greece1020
Hong Kong1020
Hungary1515
Iceland1020
India1515
Indonesia1020
Ireland1515
Israel1515
Italy1515
Ivory Coast1614
Japan1020
Kazakhstan1020
Kosovo1515
Kuwait030
Kyrgyzstan1515
Latvia1020
Lithuania1020
Luxembourg1515
Malaysia1020
Malta1020
Mauritius1020
Mexico1515
Moldova1515
Mongolia1020
Montenegro1515
Morocco1020
Netherlands1020
New Zealand1020
Nigeria12.517.5
North Macedonia1515
Norway1515
Pakistan1515
Philippines1020
Poland525
Portugal1515
Romania1020
Russia1020
Rwanda1020
San Marino1020
Senegal1515
Serbia1515
Singapore525
Slovakia1020
Slovenia1020
South Africa1020
South Korea1020
Spain1020
Sri Lanka1020
Sweden1020
Switzerland1020
Taiwan1020
Tajikistan1515
Thailand25 a5
Tunisia1020
Turkey1515
Turkmenistan1515
Ukraine1020
United Arab Emirates525
United Kingdom1020
U.S.A.1515
Uzbekistan1020
Venezuela1020
Vietnam1020

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a. A 10% rate applies for interest paid to financial institutions (including insurance companies).