Interest on bank deposits and/or certain designated financial instruments is subject to a 15% national WHT and 5% local inhabitants WHT (20% combined). Taxation of such interest is fully realised by tax withholding, so resident individuals are not required to aggregate such interest income with ...
*Subject to the rates provided under Double Taxation Avoidance Agreement where applicable. Indonesia(Last reviewed 27 June 2024)Resident:10 or exempted (individuals), exempted (corporate)* / 10**, 15, or 20 / 15; Non-resident: 20 / 20 / 20. ...
Withholding tax refunds Is it worth it? Double taxation using the example of Switzerland As you can see in the illustration, this is about real cash. In the example, 20% of the gross dividend can be refunded from Switzerland. By the way, the calculation of the refundable amount is always...
The following countries have an exceptional rate because: (i) they are classified as a favored taxing jurisdiction, also known as a tax haven, or (ii) because of lower tax rates under a treaty to avoid double taxation. Country Rate Country Rate American Samoa 25% Lebanon 25% Andorra 25% ...
Argentina: Argentina terminates tax treaties with Chile and Spain. On the other hand, income tax withholding on royalty and technical assistance payments to Spanish residents in Argentina will be subjected to a maximum ... Edelstein,Andrés,Rodríguez,... - 《International Tax Review》...
Withholding tax refunds Is it worth it? Double taxation using the example of Switzerland As you can see in the illustration, this is about real cash. In the example, 20% of the gross dividend can be refunded from Switzerland. By the way, the calculation of the refundable amount is always...
The treaty does not limit the taxation of certain profit-based interest income, which is deducted by the debtor from their tax base; consequently, the domestic rate (plus solidarity surcharge) applies. The USSR treaty continues in force with Moldova. ...