Artikel XIV Overeenkomst tussen de Regering van het Koninkrijk der Nederlanden en de Regering van de Spaanse Staat tot het vermijden van dubbele belasting met betrekking tot belastingen naar het inkomen en het vermogen

XIV Ad Articles 12 and 25 1 Notwithstanding the provisions of Article 12, paragraph 2, and Article 25, paragraph 2, second subparagraph, letter a), the following provisions shall apply to royalties arising in Spain and paid to a resident of the Netherlands under a contract concluded within a period of five years after the date on which the Convention becomes effective with respect to royalties: a) The rate of tax charged by Spain shall not exceed 5 per cent of the gross amount of such royalties; b) Subject to the provisions of Article 25, paragraph 2, second subparagraph, letter b), the Netherlands shall allow, in addition to the amount equal to the Spanish tax, a deduction to the amount of 5 per cent of the gross amount of such royalties; provided that the provisions sub a) and b) shall only apply for a period of five years after the date on which the contract was concluded. 2 The provisions of paragraph 1 shall not apply to payments of any kind received as a consideration for the use of, or the right to use, any copyright of literary, artistic or scientific work including cinematograph films.