Rental of movable properties 10 Other gains or profits 10 * A reduced rate may be provided under the double tax agreement with certain treaty partners The following countries have concluded double tax treaties with Malaysia: Treaty countries Rate of withholding tax % Interest Royalties Technic...
A Vietnam-based lessee is required to withhold tax from payments to an offshore lessor. 5% VAT and 5% CIT is applicable to the rental charge if it is an operating lease. If it is a finance lease, the rental payment will be exempt from VAT and subject to 5% CIT. Tax treaties The ...
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) was ratified and entered into force for Singapore on 1 April 2019. Amendments made by the MLI to these treaties have taken effect....
In particular, non-resident companies that are subject to UK tax on UK-source rental profits (see the Taxes on corporate income section for more information) will find their letting agent or tenants are obligated to withhold the appropriate tax at source (currently 20% without any allowances) ...
Swedish-source royalties and certain rental fees are treated as a special form of PE, taxable at the corporate tax rate, subject to treaty reduction or waiver. Royalties paid from Sweden to a company within the European Union should not be taxed in Sweden if one of the companies holds at ...
are classified as rental income subject to 2% WHT unless the payment is treated as royalty under an applicable tax treaty. 5% rate applies to royalties in respect of payments of any kind received as a consideration for the use of, or the right to use, any patent, design or model, plan,...