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. On 18 September 2024, Kuwait ratified the pending protocol (Protocol) to the 2004 South Africa-Kuwait double tax agreement (DTA). The Protocol was signed on 1 April 2021 and was approved on 31 August 2022 by the National Assembly of South Africa....