1E9Ct5D

Retention Rates for Dividends, Interests, and Fees in the Double Taxation Treaties Entered Intoby Mexico, 2007 (continued)CountriesDividends 2Between companies Portfolio Paid to banks duringthe initial periodLuxemburg 5% (in the case 15% —of Luxemburg),8% (in the caseof Mexico) with 10%of the shareholding152C H A P T E R V I INetherlands 5% with 10% 15% For 5 years alsoof the shareholdingto insurance institutionstaxed exclusively in theand for interests comingresidence in the casefrom titles negotiatedof the Netherlandsin a stockmarket,approved 10%;15% generalNorway Taxed only in the 15% 4 years,residence with 25%15% generalof the shareholdingPoland 5% with 25% 15%of the shareholding10% also for insurancederived from titlesstock market;Portugal10%10% generalRomania 10% — 15% generalSingapore Taxed exclusively in the residence—Spain 5% with 25% 15% For 5 years, 15%;of the shareholding15% general__________12A tax rate of 10% is applied following the treaty with Sweden from January 1, 1993.