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What is the interest withholding rate between Brazil and Hungary?
Under the Brazil-Hungary 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 15% across Brazil's 25 active treaty partners, and 0% across Hungary's 31 active partners.
Network Comparison
Brazil
Rank 5 of 25 active treaties (lowest rate = #1)
Lower rates with: Czech Republic (10%), Germany (10%), France (10%)
Higher rates with: South Korea (10%), Luxembourg (10%), Netherlands (10%)
Hungary
Rank 24 of 31 active treaties (lowest rate = #1)
Lower rates with: South Africa (0%), Australia (10%), Belgium (10%)
Higher rates with: Canada (10%), Greece (10%), India (10%)
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.