🇨🇳↔🇸🇬
What is the interest withholding rate between China and Singapore?
Under the China-Singapore tax treaty, the withholding rate on interest is 7%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 7% rate compares to a median of 10% across China's 47 active treaty partners, and 7% across Singapore's 42 active partners.
Network Comparison
China
Rank 7 of 47 active treaties (lowest rate = #1)
Lower rates with: Saudi Arabia (5%), Czech Republic (7%), Hong Kong (7%)
Higher rates with: Austria (10%), Australia (10%), Belgium (10%)
Singapore
Rank 21 of 42 active treaties (lowest rate = #1)
Lower rates with: Ireland (5%), Poland (5%), Saudi Arabia (5%)
Higher rates with: Israel (7%), Norway (7%), Turkey (7.5%)
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.