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What is the interest withholding rate between Belgium and Italy?

Under the Belgium-Italy 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 Belgium's 39 active treaty partners, and 10% across Italy's 47 active partners.

Network Comparison

Belgium

Rank 37 of 39 active treaties (lowest rate = #1)

Lower rates with: Germany (15%), Egypt (15%), France (15%)

Higher rates with: Portugal (15%), Turkey (15%)

Italy

Rank 40 of 47 active treaties (lowest rate = #1)

Lower rates with: Spain (12%), Switzerland (12.5%), Singapore (12.5%)

Higher rates with: Brazil (15%), Egypt (15%), Finland (15%)

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 — the residence country may still tax the income. This is not tax advice.

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