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What is the interest withholding rate between New Zealand and United States?

Under the New Zealand-United States 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 10% across New Zealand's 32 active treaty partners, and 10% across United States's 64 active partners.

Network Comparison

New Zealand

Rank 29 of 32 active treaties (lowest rate = #1)

Lower rates with: Sweden (10%), Singapore (10%), Turkey (10%)

Higher rates with: South Africa (10%), Malaysia (15%), Philippines (15%)

United States

Rank 45 of 64 active treaties (lowest rate = #1)

Lower rates with: Lithuania (10%), Latvia (10%), Malta (10%)

Higher rates with: Portugal (10%), Romania (10%), Venezuela (10%)

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: New Zealand - United States