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What is the interest withholding rate between Denmark and Singapore?
Under the Denmark-Singapore 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 6.5% across Denmark's 36 active treaty partners, and 7% across Singapore's 42 active partners.
Network Comparison
Denmark
Rank 34 of 36 active treaties (lowest rate = #1)
Lower rates with: Pakistan (10%), Portugal (10%), Romania (10%)
Higher rates with: Vietnam (10%), Egypt (15%)
Singapore
Rank 27 of 42 active treaties (lowest rate = #1)
Lower rates with: Turkey (7.5%), South Africa (7.5%), Australia (10%)
Higher rates with: Indonesia (10%), Japan (10%), South Korea (10%)
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.