Equities – Double Taxation Treaties concluded by South Africa 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 assumes that the beneficial owner does not hold a substantial percentage of the share capital of the company paying the dividend. Different rates may apply for substantial holdings. Please refer to the actual DTT or your tax advisor for further information.
The standard rate of withholding tax on dividends as of 22 February 2017 is 20% before any refund. Before 21 February 2017, the standard withholding tax rate on dividend payments was 15%.
| Country | Rate prescribed by the DTT - Dividends (%) | Tax refund available (%) |
Algeria | 15 | 5 |
Australia | 15 | 5 |
Austria | 15 | 5 |
Belarus | 15 | 5 |
Belgium | 15 | 5 |
Botswana | 15 | 5 |
Brazil | 15 | 5 |
Bulgaria | 15 | 5 |
Cameroon | 15 | 5 |
Canada | 15 | 5 |
Chile | 15 | 5 |
China | 5 | 15 |
Congo | 15 | 5 |
Croatia | 10 | 10 |
Cyprus | 10 | 10 |
Czech Republic | 15 | 5 |
Denmark | 15 | 5 |
Egypt | 15 | 5 |
Eswatini (formerly Swaziland) | 15 | 5 |
Ethiopia | 10 | 10 |
Finland | 15 | 5 |
France | 15 | 5 |
Germany | 15 | 5 |
Ghana | 15 | 5 |
Greece | 15 | 5 |
Hong Kong | 10 | 10 |
Hungary | 15 | 5 |
India | 10 | 10 |
Indonesia | 15 | 5 |
Iran | 10 | 10 |
Ireland | 10 | 10 |
Israel | 25 | 0 |
Italy | 15 | 5 |
Japan | 15 | 5 |
Kenya | 10 | 10 |
Kuwait | 0 | 20 |
Lesotho | 15 | 5 |
Luxembourg | 15 | 5 |
Malaysia | 10 | 10 |
Malta | 10 | 10 |
Mauritius | 10 | 10 |
Mexico | 10 | 10 |
Mozambique | 15 | 5 |
Namibia | 15 | 5 |
Netherlands | 10 | 10 |
New Zealand | 15 | 5 |
Nigeria | 10 | 10 |
Norway | 15 | 5 |
Oman | 10 | 10 |
Pakistan | 15 | 5 |
Poland | 15 | 5 |
Portugal | 15 | 5 |
Qatar | 10 | 10 |
Romania | 15 | 5 |
Russia | 15 | 5 |
Rwanda | 20 | 0 |
Saudi Arabia | 10 | 10 |
Seychelles | 10 | 10 |
Singapore | 10 | 10 |
Slovakia | 15 | 5 |
South Korea | 15 | 5 |
Spain | 15 | 5 |
Sweden | 15 | 5 |
Switzerland | 15 | 5 |
Taiwan | 15 | 5 |
Tanzania | 20 | 0 |
Thailand | 15 | 5 |
Tunisia | 10 | 10 |
Turkey | 15 | 5 |
Uganda | 15 | 5 |
Ukraine | 15 | 5 |
United Arab Emirates | 10 | 10 |
United Kingdom | 10 | 10 |
U.S.A. | 15 | 5 |
Zimbabwe | 10 | 10 |