🇪🇬↔🇰🇷
What is the interest withholding rate between Egypt and South Korea?
Under the Egypt-South Korea 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 Egypt's 28 active treaty partners, and 10% across South Korea's 48 active partners.
Network Comparison
Egypt
Rank 6 of 28 active treaties (lowest rate = #1)
Lower rates with: Saudi Arabia (5%), China (10%), Spain (10%)
Higher rates with: Sweden (10%), Turkey (10%), Netherlands (12%)
South Korea
Rank 18 of 48 active treaties (lowest rate = #1)
Lower rates with: Czech Republic (10%), Germany (10%), Denmark (10%)
Higher rates with: Spain (10%), Finland (10%), France (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.