Kenya will now tax profits from financial derivative contracts accrued to non‑resident individuals without a permanent establishment in Kenya, after new rules were gazetted on 27 January 2023 in theIncome Tax (Financial Derivatives) Regulations of 2023. The new 15% withholding tax enters into forc...
Nigeria’sFederal Ministry of Financehas announced changes to the withholding tax regime. The changes technically entered into force on 1 July 2024, except for gaming sector regulations, which will take effect from 1 October 2024. The government said, however, it will start full implementation by ...
A foreign corporation with income derived from sources in Korea is subject to normal CIT rates on such income if it has a Korean PE. If a foreign corporation has no PE in Korea, it will be subject to tax on its Korean-source income on a withholding basis in accordance with the tax ...
aBoth parties agree that the confirmed figure of withholding tax, paid by Party B and the fees for KPLC (Kenya Power Lighting Company) by both parties’ accounts shall prevail. 两个党同意预扣赋税被证实的图,有偿由Party B和费为KPLC (Kenya Power Lighting Company) 由两个党’帐户将战胜。[tran...
Withholding Tax Rates for the USA Companies Doing Business in India under the India USA Tax Treaty Dividends20%15%1 Interest Income20%15%2 Royalties30%20%2 Technical Services30%20%2 Other income55%55% 1. Inter-corporate rates where there is minimum holding. There tax rates are applicable un...