🇧🇷↔🇮🇳
What is the interest withholding rate between Brazil and India?
Under the Brazil-India 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 15% across Brazil's 25 active treaty partners, and 10% across India's 48 active partners.
Network Comparison
Brazil
Rank 17 of 25 active treaties (lowest rate = #1)
Lower rates with: Spain (15%), Finland (15%), United Kingdom (15%)
Higher rates with: Italy (15%), Mexico (15%), Norway (15%)
India
Rank 38 of 48 active treaties (lowest rate = #1)
Lower rates with: South Africa (10%), United Arab Emirates (12.5%), Australia (15%)
Higher rates with: Canada (15%), Egypt (15%), Spain (15%)
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.