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What is the interest withholding rate between Brazil and Japan?

Under the Brazil-Japan tax treaty, the withholding rate on interest is 12.5%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 12.5% rate compares to a median of 15% across Brazil's 25 active treaty partners, and 10% across Japan's 47 active partners.

Network Comparison

Brazil

Rank 9 of 25 active treaties (lowest rate = #1)

Lower rates with: South Korea (10%), Luxembourg (10%), Netherlands (10%)

Higher rates with: Australia (15%), Canada (15%), Chile (15%)

Japan

Rank 45 of 47 active treaties (lowest rate = #1)

Lower rates with: United States (10%), Vietnam (10%), South Africa (10%)

Higher rates with: Egypt (15%), Mexico (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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