Withholding Tax Rates

The withholding tax rates applicable under tax treaties are summarised below:   Notes        Portfolio        Substantial holdings Interest Royalties Tax     1.  Algeria 15% 15%    15/0%      15%    10%     2.  Australia 15% 15%    10/0% 15/10%    15%     3.  Austria 15% 10%    10/0%      10%    12%     4.  Bangladesh… Read More

Tax Treaties

Indonesia’s tax treaties provide for tax benefits in the form of withholding tax exemptions for service fees and for reduced withholding tax rates on dividends, interest, royalties, and branch profits received by residents of a country with which Indonesia has signed a tax treaty. Tax exemption on the service fees is typically granted only if… Read More