πŸ‡¬πŸ‡§β†”πŸ‡ΈπŸ‡°

What is the interest withholding rate between United Kingdom and Slovak Republic?

The United Kingdom-Slovak Republic tax treaty reduces the withholding rate on interest payments to 0%. This means interest paid between residents of these two countries is exempt from withholding tax at source. This is particularly beneficial for cross-border debt financing and bank deposits. The 0% rate still requires proper documentation β€” it does not apply automatically. Interest is fully exempt β€” United Kingdom has 27 such treaties in its network.

Network Comparison

United Kingdom

Rank 25 of 54 active treaties (lowest rate = #1)

Lower rates with: Norway (0%), Sweden (0%), Singapore (0%)

Higher rates with: United States (0%), South Africa (0%), Chile (5%)

Slovak Republic

Rank 9 of 29 active treaties (lowest rate = #1)

Lower rates with: Spain (0%), Finland (0%), France (0%)

Higher rates with: Hungary (0%), Ireland (0%), Italy (0%)

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 β€” the residence country may still tax the income. This is not tax advice.

Related Questions: United Kingdom - Slovak Republic