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What is the interest withholding rate between Russia and Saudi Arabia?
Under the Russia-Saudi Arabia 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 0% across Russia's 27 active treaty partners, and 5% across Saudi Arabia's 23 active partners.
Network Comparison
Russia
Rank 18 of 27 active treaties (lowest rate = #1)
Lower rates with: Sweden (0%), Singapore (0%), Slovak Republic (0%)
Higher rates with: Australia (10%), Belgium (10%), India (10%)
Saudi Arabia
Rank 18 of 23 active treaties (lowest rate = #1)
Lower rates with: Netherlands (5%), Pakistan (5%), Poland (5%)
Higher rates with: Singapore (5%), United States (5%), South Africa (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.