Royalties
Resident recipients: 10% withholding tax.
Non-residents: 15% withholding tax.
Double Tax Agreements (DTAs) may reduce the rate.
Usually treated as final tax for non-residents.
Management and Technical Fees
Subject to withholding tax Subject to withholding tax at 15% for non-residents.
Key permanent establishment (PE) risk area.
DTA relief may apply depending on classification (business profits vs services).
Directors Fees. Directors’ Fees
Subject to withholding tax at 15% (resident directors).
For individuals, directors’ fees are grossed up and included in annual tax return.
Withholding tax is creditable, not final, for residents.
Rental Income
Subject to withholding tax at 5% (residents) and 10% (non-residents).
Included in annual taxable income for residents.
Interest Income
Resident individuals: Subject to 10% withholding tax (often final for individuals).
Non-residents: Subject to 15% withholding tax.
Exemptions may apply (e.g. certain government securities).
Dividends
Subject to withholding tax at 10% (resident and non-resident).
Generally, a final tax for individuals.
No dividend exemption system; WHT applies at source.
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