What is the interest withholding rate between Ireland and South Africa?
The Ireland-South Africa 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 — it does not apply automatically. Interest is fully exempt — Ireland has 20 such treaties in its network.
Network Comparison
Ireland
Rank 20 of 33 active treaties (lowest rate = #1)
Lower rates with: Sweden (0%), Slovak Republic (0%), United States (0%)
Higher rates with: Chile (5%), Greece (5%), Singapore (5%)
South Africa
Rank 8 of 37 active treaties (lowest rate = #1)
Lower rates with: France (0%), United Kingdom (0%), Hungary (0%)
Higher rates with: Israel (0%), Luxembourg (0%), Netherlands (0%)