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What is the interest withholding rate between Spain and Singapore?
Under the Spain-Singapore tax treaty, the withholding rate on interest is 5%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 5% rate compares to a median of 10% across Spain's 40 active treaty partners, and 7% across Singapore's 42 active partners.
Network Comparison
Spain
Rank 14 of 40 active treaties (lowest rate = #1)
Lower rates with: United States (0%), Chile (5%), Saudi Arabia (5%)
Higher rates with: Greece (8%), Australia (10%), Belgium (10%)
Singapore
Rank 16 of 42 active treaties (lowest rate = #1)
Lower rates with: Austria (5%), Belgium (5%), Switzerland (5%)
Higher rates with: Finland (5%), Ireland (5%), Poland (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.