A protocol to the 2002 income tax treaty between Indonesia and the Netherlands was signed on 30 July 2015. The protocol is the first to amend the treaty, and will enter into force after the ratification instruments are exchanged.

Dividends

Paragraph 2 of Article 10 (Dividends) is replaced. The new provisions provide for a 5% withholding tax on dividends if the beneficial owner is a company d…