Belgium-Luxembourg Income and Capital Tax Treaty (1970) Resolves Double Taxation on Net Assets of Luxembourg Investment Funds with Belgian Investors

Journal
Belgium; Luxembourg
Bulletin for International Taxation 2013 (Volume 67), No. 8
The Brussels Court of First Instance has decided on two occasions that a Luxembourg SICAV can invoke the Belgium-Luxembourg Income and Capital Tax Treaty (1970) and claim exemption from Belgian tax on its net assets. The judgements also seem to have consequences for Luxembourg contractual funds.