How are pensions taxed under the Belgium-Canada tax treaty?
Under the Belgium-Canada tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Belgium's 39 active treaty partners, and 0% across Canada's 51 active partners.
Network Comparison
Belgium
Rank 3 of 39 active treaties (lowest rate = #1)
Lower rates with: Austria (0%), Australia (0%)
Higher rates with: Switzerland (0%), Chile (0%), China (0%)
Canada
Rank 4 of 51 active treaties (lowest rate = #1)
Lower rates with: United Arab Emirates (0%), Austria (0%), Australia (0%)
Higher rates with: Bulgaria (0%), Brazil (0%), Switzerland (0%)