🇮🇩↔🇹ðŸ‡
What is the interest withholding rate between Indonesia and Thailand?
Under the Indonesia-Thailand tax treaty, the withholding rate on interest is 15%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 15% rate compares to a median of 10% across Indonesia's 31 active treaty partners, and 10% across Thailand's 22 active partners.
Network Comparison
Indonesia
Rank 30 of 31 active treaties (lowest rate = #1)
Lower rates with: United States (10%), South Africa (10%), Philippines (15%)
Higher rates with: Vietnam (15%)
Thailand
Rank 18 of 22 active treaties (lowest rate = #1)
Lower rates with: Singapore (10%), Vietnam (10%), Canada (15%)
Higher rates with: Malaysia (15%), Philippines (15%), United States (15%)
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.