What is the interest withholding rate between Sweden and South Africa?
The Sweden-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 β it does not apply automatically. Interest is fully exempt β Sweden has 19 such treaties in its network.
Network Comparison
Sweden
Rank 19 of 44 active treaties (lowest rate = #1)
Lower rates with: Russia (0%), Slovak Republic (0%), United States (0%)
Higher rates with: Chile (5%), Australia (10%), Belgium (10%)
South Africa
Rank 13 of 37 active treaties (lowest rate = #1)
Lower rates with: Luxembourg (0%), Netherlands (0%), Norway (0%)
Higher rates with: Slovak Republic (0%), United States (0%), Switzerland (5%)