What is the dividend withholding rate between Israel and South Africa?
Under the Israel-South Africa tax treaty, the withholding rate on dividends is 15% for portfolio investors (general rate). A reduced rate of 15% applies when the beneficial owner is a company holding a qualifying ownership stake (typically 10% or more of voting stock). Note that the reduced rate requires the recipient to file the appropriate treaty benefit claim form before payment. This 15% rate compares to a median of 15% across Israel's 24 active treaty partners, and 15% across South Africa's 37 active partners.
Network Comparison
Israel
Rank 23 of 24 active treaties (lowest rate = #1)
Lower rates with: Portugal (15%), Sweden (15%), Slovak Republic (15%)
Higher rates with: United States (25%)
South Africa
Rank 24 of 37 active treaties (lowest rate = #1)
Lower rates with: Hungary (15%), Indonesia (15%), Ireland (15%)
Higher rates with: Italy (15%), Japan (15%), South Korea (15%)