What is the dividend withholding rate between Egypt and Saudi Arabia?
Under the Egypt-Saudi Arabia tax treaty, the withholding rate on dividends is 5% for portfolio investors (general rate). A reduced rate of 5% applies when the beneficial owner is a company holding a qualifying ownership stake (typically 10% or more of voting stock). Note that the reduced rate requires the recipient to file the appropriate treaty benefit claim form before payment. This 5% rate compares to a median of 15% across Egypt's 28 active treaty partners, and 5% across Saudi Arabia's 23 active partners.
Network Comparison
Egypt
Rank 1 of 28 active treaties (lowest rate = #1)
Higher rates with: United Arab Emirates (10%), Austria (10%), China (10%)
Saudi Arabia
Rank 7 of 23 active treaties (lowest rate = #1)
Lower rates with: Switzerland (5%), China (5%), Germany (5%)
Higher rates with: Spain (5%), France (5%), United Kingdom (5%)