Debt securities – Double Taxation Treaties concluded by South Korea and currently in force
Note: Clearstream Banking provides these rates for information purposes only and does not guarantee that this information is correct, complete and accurate. Clearstream Banking does not assume liability for any damages, direct or indirect, that may arise from the reliance on or the use of this information. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.
The standard rate of withholding tax on income from debt securities is 15.4% before any refund.
| Country | Rate prescribed by the DTT – Interest (%) | Tax refund available (%) |
Albania | 10 | 5.4 |
Algeria | 10 | 5.4 |
Australia | 15 | 0.4 |
Austria | 10 | 5.4 |
Azerbaijan | 10 | 5.4 |
Bahrain | 5 | 10.4 |
Bangladesh | 10 | 5.4 |
Belarus | 10 | 5.4 |
Belgium | 10 | 5.4 |
Brazil | 15 | 0.4 |
Brunei | 10 | 5.4 |
Bulgaria | 10 | 5.4 |
Cambodia | 10 | 5.4 |
Canada | 10 | 5.4 |
Chile | 10 | 5.4 |
China | 10 | 5.4 |
Colombia | 11 | 4.4 |
Croatia | 5 | 10.4 |
Czech Republic | 5 | 10.4 |
Denmark | 15 | 0.4 |
Ecuador | 12 | 3.4 |
Egypt | 15 | 0.4 |
Estonia | 11 | 4.4 |
Ethiopia | 7.5 | 7.9 |
Fiji | 10 | 5.4 |
Finland | 10 | 5.4 |
France | 10 | 5.4 |
Gabon | 10 | 5.4 |
Georgia | 10 | 5.4 |
Germany | 10 | 5.4 |
Greece | 8 | 7.4 |
Hong Kong | 10 | 5.4 |
Hungary | 0 | 15.4 |
Iceland | 10 | 5.4 |
India | 10 | 5.4 |
Indonesia | 10 | 5.4 |
Iran | 11 | 4.4 |
Ireland | 0 | 15.4 |
Israel | 10 | 5.4 |
Italy | 10 | 5.4 |
Japan | 10 | 5.4 |
Jordan | 10 | 5.4 |
Kazakhstan | 10 | 5.4 |
Kenya | 12 | 3.4 |
Kuwait | 5 | 10.4 |
Kyrgyzstan | 10 | 5.4 |
Laos | 10 | 5.4 |
Latvia | 10 | 5.4 |
Lithuania | 10 | 5.4 |
Luxembourg | 10 | 5.4 |
Malaysia | 15 | 0.4 |
Malta | 10 | 5.4 |
Mexico | 15 | 0.4 |
Mongolia | 5 | 10.4 |
Morocco | 10 | 5.4 |
Myanmar | 10 | 5.4 |
Nepal | 10 | 5.4 |
Netherlands | 15 | 0.4 |
New Zealand | 10 | 5.4 |
Norway | 15 | 0.4 |
Oman | 5 | 10.4 |
Pakistan | 12.5 | 2.9 |
Panama | 5 | 10.4 |
Papua New Guinea | 10 | 5.4 |
Peru | 10 | 5.4 |
Philippines | 16.5 | N/A |
Poland | 10 | 5.4 |
Portugal | 15 | 0.4 |
Qatar | 11 | 4.4 |
Romania | 10 | 5.4 |
Russia | 0 | 15.4 |
Saudi Arabia | 5 | 10.4 |
Serbia | 10 | 5.4 |
Singapore | 10 | 5.4 |
Slovak Republic | 10 | 5.4 |
Slovenia | 5 | 10.4 |
South Africa | 11 | 4.4 |
Spain | 10 | 5.4 |
Sri Lanka | 10 | 5.4 |
Sweden | 15 | 0.4 |
Switzerland | 10 | 5.4 |
Taiwan | 10 | 5.4 |
Tajikistan | 8 | 7.4 |
Thailand | 15 | 0.4 |
Tunisia | 12 | 3.4 |
Turkey | 15 | 0.4 |
Turkmenistan | 10 | 5.4 |
Ukraine | 5 | 10.4 |
United Arab Emirates | 10 | 5.4 |
United Kingdom | 10 | 5.4 |
United States of America | 13.2 | 2.2 |
Uruguay | 10 | 5.4 |
Uzbekistan | 5 | 10.4 |
Venezuela | 11 | 4.4 |
Vietnam | 10 | 5.4 |