🇸🇦↔🇿🇦
What is the interest withholding rate between Saudi Arabia and South Africa?
Under the Saudi Arabia-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 Saudi Arabia's 23 active treaty partners, and 7.5% across South Africa's 37 active partners.
Network Comparison
Saudi Arabia
Rank 21 of 23 active treaties (lowest rate = #1)
Lower rates with: Russia (5%), Singapore (5%), United States (5%)
Higher rates with: India (10%), Turkey (10%)
South Africa
Rank 18 of 37 active treaties (lowest rate = #1)
Lower rates with: United States (0%), Switzerland (5%), Chile (5%)
Higher rates with: Nigeria (7.5%), Singapore (7.5%), Greece (8%)
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.