What is the interest withholding rate between Singapore and United States?
The Singapore-United States 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 Singapore has 12 such treaties in its network.
Network Comparison
Singapore
Rank 12 of 42 active treaties (lowest rate = #1)
Lower rates with: Luxembourg (0%), Netherlands (0%), Russia (0%)
Higher rates with: Austria (5%), Belgium (5%), Switzerland (5%)
United States
Rank 22 of 64 active treaties (lowest rate = #1)
Lower rates with: Norway (0%), Poland (0%), Sweden (0%)
Higher rates with: Slovak Republic (0%), Ukraine (0%), South Africa (0%)