How are pensions taxed under the Egypt-South Korea tax treaty?
Under the Egypt-South Korea tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Egypt's 28 active treaty partners, and 0% across South Korea's 48 active partners.
Network Comparison
Egypt
Rank 17 of 28 active treaties (lowest rate = #1)
Lower rates with: India (0%), Italy (0%), Japan (0%)
Higher rates with: Malaysia (0%), Netherlands (0%), Norway (0%)
South Korea
Rank 14 of 48 active treaties (lowest rate = #1)
Lower rates with: Czech Republic (0%), Germany (0%), Denmark (0%)
Higher rates with: Spain (0%), Finland (0%), France (0%)