8. International Agreements

There are various international agreements between Belgium or the European Union and its important economic partners outside the European Union.

The Belgian diamond industry’s most important export destinations are India, Israel, the United Arab Emirates, the U.S. and Russia.

Below you will find an overview of the relevant international agreements between Belgium and said countries related to amongst others, social security and double taxation.

Double taxation is the taxation by two countries on the same declared income. A double taxation agreement between two countries will give a person the right to only pay taxes in the country of residence and be exempt in the country of employment.