π¨π±βπΏπ¦
What is the interest withholding rate between Chile and South Africa?
Under the Chile-South Africa tax treaty, the withholding rate on interest is 5%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 5% rate compares to a median of 5% across Chile's 25 active treaty partners, and 7.5% across South Africa's 37 active partners.
Network Comparison
Chile
Rank 21 of 25 active treaties (lowest rate = #1)
Lower rates with: Norway (5%), Poland (5%), Sweden (5%)
Higher rates with: China (10%), New Zealand (10%), Brazil (15%)
South Africa
Rank 17 of 37 active treaties (lowest rate = #1)
Lower rates with: Slovak Republic (0%), United States (0%), Switzerland (5%)
Higher rates with: Saudi Arabia (5%), Nigeria (7.5%), Singapore (7.5%)
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 β the residence country may still tax the income. This is not tax advice.