What is the interest withholding rate between Norway and South Africa?
The Norway-South Africa tax treaty reduces the withholding rate on interest payments to 0%. This means interest paid between residents of these two countries is exempt from withholding tax at source. This is particularly beneficial for cross-border debt financing and bank deposits. The 0% rate still requires proper documentation β it does not apply automatically. Interest is fully exempt β Norway has 19 such treaties in its network.
Network Comparison
Norway
Rank 19 of 40 active treaties (lowest rate = #1)
Lower rates with: Sweden (0%), Slovak Republic (0%), United States (0%)
Higher rates with: Chile (5%), Singapore (7%), Australia (10%)
South Africa
Rank 12 of 37 active treaties (lowest rate = #1)
Lower rates with: Israel (0%), Luxembourg (0%), Netherlands (0%)
Higher rates with: Sweden (0%), Slovak Republic (0%), United States (0%)