EYEY

South Africa | Protocol to income tax treaty with Kuwait now ratified

|Tax Alerts, Information Reporting, Natio ...|Kuwait, South Africa
Kuwait, South Africa

  • More than three years after it was originally signed, a pending protocol to the 2004 South Africa-Kuwait double tax agreement (DTA) has been ratified by both parties.
  • This development has broad implications for South Africa's dividend withholding tax, which is reduced under the DTA.
  • South African companies should be aware of this ratification and continue to monitor ongoing activity in this regard.
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