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Belgian ruling that 95% dividend deduction applies to dividends received from Thai companies benefiting from tax holiday via intermediary companies in third states

|Approved Changes|Belgium Thailand
Belgium Thailand

Advance ruling no. 800.029 of 26 February 2008 of the Belgian Ruling Committee (Dienst Voorafgaande Beslissingen), on the application of the 95% dividend deduction, was recently published. Details are summarized below.

(a) Facts. The Belgian company would receive dividends from intermidiary companies established in third states, which would in turn receive the divi…

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