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What is the interest withholding rate between Australia and Turkey?

Under the Australia-Turkey tax treaty, the withholding rate on interest is 10%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 10% rate compares to a median of 10% across Australia's 48 active treaty partners, and 10% across Turkey's 37 active partners.

Network Comparison

Australia

Rank 39 of 48 active treaties (lowest rate = #1)

Lower rates with: Singapore (10%), Slovak Republic (10%), Thailand (10%)

Higher rates with: United States (10%), Vietnam (10%), South Africa (10%)

Turkey

Rank 4 of 37 active treaties (lowest rate = #1)

Lower rates with: Singapore (7.5%), United Arab Emirates (10%), Austria (10%)

Higher rates with: Switzerland (10%), China (10%), Czech Republic (10%)

Sources

Data last reviewed: 2026-04-07

Important: Treaty rates require proper claim forms (e.g., IRS Form W-8BEN for U.S. treaties, HMRC DT-Individual for U.K. treaties, CRA Form NR301 for Canadian treaties) filed before payment. Limitation on Benefits (LOB) provisions may restrict eligibility. A 0% withholding rate does not mean no tax — the residence country may still tax the income. This is not tax advice.
View full Australia-Turkeytreaty details →
Guide: Interest withholding tax explained→

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