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FDI InformationTax TreatiesRestrictive Tax Rates by Country at a glance | Counterpart Country | Effective Date | Tax subject to treaty | Restrictive Tax Rates (withholding) | Applicable Period | Note | ||||
|---|---|---|---|---|---|---|---|---|---|
| Korea | Counterparty | Interest Income | Dividend Income | Usage Fee Income | Withholding | Others (Real Estate Income/Business Income) | |||
| Netherlands (Amended on Apr 2, 1999) | Apr 17, 1981 | Income Tax | ㆍIncome Tax | ㆍOfficials serving for more than 7 years: 10% | ㆍCorporates with a 25% or higher ownership: 10% | ㆍOthers：10% | Payments made after Jan 1, 1981 | Business year commencing after Jan 1, 1982 | Protocol |
| Corporate Tax | ㆍWage Tax | ㆍOthers：15% | ㆍOthers：15% | ㆍCopyright：15% | |||||
| Local Income Tax | ㆍCorporate Tax | ||||||||
| ㆍDividend Tax | |||||||||
| Agricultural Special Tax | |||||||||
| New Zealand (Amended on Oct 10, 1997) | Apr 22, 1983 | Income Tax | ㆍIncome Tax | 10% | 15% | 10% | ㆍKorea: Payments made after Jan 1, 1981 | ㆍKorea: taxable year commencing after Jan 1, 198 | Protocol |
| Corporate Tax | ㆍSurplus Reserve Tax | ㆍNew Zealand：Income in taxable years after Apr 1, 1981 | ㆍNew Zealand： Income year commencing after Apr 1, 1981 | ||||||
| Local Income Tax | |||||||||
| Germany (Amended on Oct 31, 2002) | May 4, 1978 | Income Tax | ㆍIncome Tax | 10% | ㆍCorporates with a 25% or higher ownership (excluding associations): 5% | ㆍEquipment Use：2% | Payments made after Jan 1, 2003 | Taxable year commencing after Jan 1, 2003 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | ㆍOthers：10% | ||||||
| Capital Tax | Capital Tax | ||||||||
| Agricultural Special Tax | ㆍBusiness Tax (Including Surcharge) | ||||||||
| Russia | Aug 24, 1995 | Income Tax | ㆍTax on Corporate and Similar Organizational Profits | None | ㆍ30% or more and $100,000 or more: 5% | 5% | Payments made after Jan 1, 1996 | Taxable year commencing after Jan 1, 1996 | |
| Corporate Tax | ㆍTax on Bank Income | ㆍOthers：10% | |||||||
| Local Income Tax | ㆍTax on Income from Insurance Activities | ||||||||
| ㆍTax on Individual Income | |||||||||
| Malaysia | Jan 2, 1983 | Income Tax | ㆍIncome Tax | 15% | ㆍCorporates with a 25% or higher ownership: 10% | ㆍOthers：10% | Payments made after Jan 1, 1982 | Taxable year (income year) commencing after Jan 1, 1982 | Protocol |
| Corporate Tax | ㆍWindfall Profit Tax | ㆍOthers：15% | ㆍCopyright: 15% (Academic Copyright: 10%) | ||||||
| Local Income Tax | ㆍAdditional Income Tax such as Surcharge on Profits, Development Tax, and Forest Profits Tax | ||||||||
| ㆍPetroleum Income Tax | |||||||||
| Mexico | Feb 11, 1995 | Income Tax | ㆍIncome Tax | ㆍBank: 5% (For the first 5 years from the effective date, it is 10%) | ㆍCorporates with a 10% or higher ownership: 0% | 10% | Payments made after Jan 1, 1996 | Taxable year commencing after Jan 1, 1996 | Protocol |
| Corporate Tax | ㆍBusiness Flat Rate Tax | ㆍOthers：15% | ㆍOthers：15% | ||||||
| Local Income Tax | |||||||||
| USA | Oct 20, 1979 | Income Tax | ㆍFederal Income Tax | 12% | ㆍCorporates with a 10% or higher ownership, and interest or dividend income from paying corporations that is 25% or less of total income: 10% | ㆍCopyrights and Films: 10% | Payments made after Dec 1, 1979 | Taxable year commencing after Jan 1, 1980 | |
| Corporate Tax | ㆍOthers：15% | ㆍOthers：15% | |||||||
| Vietnam | Sep 9, 1994 | Income Tax | ㆍIndividual Income Tax | 10% | 10% | ㆍIndustrial Investment in Patents, etc.: 5% | Payments made after Jan 1, 1995 | Business year commencing after Jan 1, 1995 | Protocol |
| Corporate Tax | ㆍProfit Tax and Profit Transfer Tax | ㆍOthers：15% | |||||||
| Local Income Tax | |||||||||
| Belgium | Sep 19, 1979 | Income Tax | ㆍIndividual Income Tax | 10% | 15% | 10% | Payments made after Jan 1, 1997 | Business year commencing after Jan 1, 1997 | |
| Dec 31, 1996 (Amended) | Corporate Tax | ㆍCorporate Tax | |||||||
| Resident Tax | ㆍNon-profit Organization Tax | ||||||||
| ㆍNon-residents Income Tax | |||||||||
| ㆍSpecial Surcharge Imposed on Individual Income Tax | |||||||||
| Dec 1, 2015 | “ | “ | “ | “ | “ | Payments made after Jan 1, 2016 | Business year commencing after Jan 1, 2016 | Article 25 of the Protocol Treaty amended | |
| Brazil (Amended on Jan 10, 2018) | Nov 21, 1991 | Income Tax | ㆍFederal Income Tax | ㆍOfficials serving for more than 7 years: 10% | 10% | ㆍTrademarks: 25% | Payments made after Jan 1, 1992 | Business year commencing after Jan 1, 1992 | Protocol |
| Corporate Tax | ㆍOthers：15% | ㆍCopyrights：10% (Payments made after Jan 1, 1998) | |||||||
| Local Income Tax | ㆍOthers：10% (06.1.1. Payments made after Jan 1, 2006) | ||||||||
| Saudi Arabia | Dec 1, 2008 | Income Tax | ㆍReligion Tax | 5% | ㆍCoporates with 25% or more ownership (excluding partnerships): 5% | ㆍIndustrial, commercial, and academic awards information: 5% | Withholding after Jan 1, 2009 | Taxable year commencing after Jan 1, 2009 | Protocol |
| Corporate Tax | ㆍIncome Tax including Natural Gas Investment Tax | ㆍOthers：10% | ㆍOthers：10% | ||||||
| Agricultural Special Tax | |||||||||
| Local Income Tax | |||||||||
| Sweden | Sep 9, 1982 | Income Tax | ㆍCentral Government Income Tax (Including Seafarers' Tax and Lottery Tax) | ㆍOfficials serving for more than 7 years: 10% | ㆍCoporates with 25% or more ownership : 10% | ㆍOthers：10% | Payments made after Jan 1, 1981 | Business year commencing after Jan 1, 1981 | Protocol |
| Corporate Tax | ㆍTax on Corporate Retained Earnings and Distributions Resulting from Amalgamation or Liquidation | ㆍOthers：15% | ㆍOthers：15% | ㆍCopyright：15% | |||||
| Local Income Tax | ㆍ1 other than Local Income Tax | ||||||||
| Switzerland (Amended on Jul 25, 2012) | Apr 22, 1981 | Income Tax | ㆍFederal Tax for income | ㆍBank receipt：5% | ㆍCoporates with 10% or more ownership(excluding partnerships): 5% | 5% | Payments made after Jan 1, 2013 | Business year commencing after Jan 1, 2013 | Protocol |
| Corporate Tax | ㆍAlcohol Tax | ㆍOthers：10% | ㆍOthers：15% | ||||||
| Local Income Tax | ㆍLocal Government Tax | ||||||||
| Agricultural Special Tax | |||||||||
| Spain | Nov 21, 1994 | Income Tax | ㆍIndividual Income TaxㆍCorporate Tax | 10% (excluding credit sales interest) |
ㆍCoporates with 25% or more ownership : 10% | 10% | Payments made after Jan 1, 1995 | Taxable year commencing after Jan 1, 1995 | Protocol |
| Corporate Tax | ㆍLocal Tax related to Urban Land Value Increase | ㆍOthers：15% | |||||||
| Local Income Tax | |||||||||
| Singapore (Amended on Jun 28, 2013) | Feb 11, 1981 | Income Tax | ㆍIncome Tax | 10% | ㆍCoporates with 25% or more ownership : 10% | 15% | Payments made after Jan 1, 1979 | Business year commencing after Jan 1, 1979 | Protocol |
| Corporate Tax | ㆍOthers：15% | ||||||||
| Local Income Tax | |||||||||
| U.A.E | Mar 9, 2005 | Income Tax | ㆍIncome Tax | 10% | ㆍCoporates with 10% or more ownership : 5% | 0% | Payments made after Jan 1, 2003 | Taxable year commencing after Jan 1, 2003 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：10% | |||||||
| Local Income Tax | |||||||||
| Agricultural Special Tax | |||||||||
| Ireland | Dec 27, 1991 | Income Tax | ㆍIncome Tax | 0% | ㆍCorporates with a 10% or higher ownership: 10% | 0% | Payments made after Jan 1, 1992 | Business year commencing after Jan 1, 1992 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | |||||||
| Local Income Tax | ㆍTransfer Income Tax | ||||||||
| UK (Amended on Dec 30,1996) | May 13, 1978 | Income Tax | ㆍIncome Tax | 10% | ㆍShareholders with a 25% or higher ownership (excluding associations): 5% | ㆍEquipment Use：2% | Payments made after Jan 1, 1997 | Taxable year commencing after Jan 1, 1997 | LOE |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | ㆍOthers：10% | ||||||
| Local Income Tax | ㆍTransfer Income Tax | ||||||||
| Agricultural Special Tax | |||||||||
| Italy (Amended on Jan 23, 2015) | Jul 14, 1992 | Income Tax | ㆍIndividual Income Tax | 10% | ㆍCompanies with a 25% or higher ownership: 10% | 10% | Payments made after Jan 1, 1993 | Business year commencing after Jan 1, 1993 | Protocol |
| Corporate Tax | ㆍCorporate Income Tax | ㆍOthers：15% | |||||||
| Local Income Tax | ㆍLocal Tax on Productive Activities | ||||||||
| (Former) India | ;Aug 31, 1986 | Income Tax | ㆍIncome Tax | ㆍBank：10% | ㆍCompanies with a 20% or higher ownership: 15% | 15% | ㆍKorea: Payments made after Jan 1, 1986 | ㆍKorea: taxable year commencing after Jan 1, 1986 | Protocol |
| Corporate Tax | ㆍCorporate (Income) Value-Added Tax | ㆍOthers：15% | ㆍOthers：20% | ㆍIndia：Payments made after Apr 1, 1986 | ㆍIndia：Income year commencing after Apr 1, 1986 | ||||
| Local Income Tax | |||||||||
| India | Sep 12, 2016 (Whole Amendment) | Income Tax | ㆍIncome Tax (inc. VAT) | 10% | Profitable Owner 15% | Profitable owner 10% (Based on the payment location) | Payments made after Jan 1, 2017 | Starting from the tax year commencing on Jan 1, 2017. | Whole Amendement to Protocol |
| Corporate Tax | |||||||||
| Agricultural Special Tax | |||||||||
| Indonesia | May 3, 1989 | Income Tax | ㆍIncome Tax | 10% | ㆍCorporates with a 25% or higher ownership (excluding associations): 10% | 15% | Payments made after Jan 1, 1990 | Business year commencing after Jan 1, 1990 | Protocol |
| Corporate Tax | ㆍCorporate Tax within the scope specified in the Income Tax regulations. | ㆍOthers：15% | |||||||
| Local Income Tax | ㆍTax on Interest, Dividends, and Royalties | ||||||||
| Japan (Amended on Nov 22, 1999) | Nov 22, 1999 | Income Tax | ㆍIncome Tax | 10% | ㆍOwned more than 25% in the previous 6 months: 5% (10% until the end of 2003) | 10% | Pyaments made after Jan 1, 2000 | Taxable year commencing after Jan 1, 2000 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | |||||||
| Local Income Tax | ㆍLocal Income Tax | ||||||||
| Agricultural Special Tax | ㆍLocal Corporate Tax (Starting from the tax year commencing on October 1, 2014) | ||||||||
| China (Excluding Hong Kong, Taiwan, and Macao) (Amended on Jul 4, 2006) | Sep 28, 1994 | Income Tax | ㆍIndividual Income Tax | 10% | ㆍCorporates with a 25% or higher ownership (excluding associations): 5% | 10% | Payments made after Jan 1, 1995 | Business year commencing after Jan 1, 1995 | Protocol |
| Corporate Tax | ㆍIncome Tax and Local Income Tax for Foreign Investment Companies and Foreign Companies | ㆍOthers：10% | |||||||
| Local Income Tax | |||||||||
| Qatar | Apr 15, 2009 | Income Tax | ㆍIncome Tax | 10% | 10% | 5% | Withholding tax from Jan 1, 2010, onwards | Starting from the tax year commencing on Jan 1, 2010 | Protocol |
| Corporate Tax | |||||||||
| Agricultural Special Tax | |||||||||
| Canada (Amended on Dec 18, 2006) | Dec 19, 1980 | Income Tax | ㆍIncome Tax | 10% | ㆍCorporates with a 25% or higher ownership (excluding associations): 5% | 10% | Payments made after Jan 1, 2007 | Starting from the tax year commencing on Jan 1, 2007 | Protocol |
| Corporate Tax | ㆍOthers：15% | ||||||||
| Local Income Tax | |||||||||
| Agricultural Special Tax | |||||||||
| Thailand (Amended on Jun 29, 2007) | Jun 29, 2007 (after amendment) | Income Tax | ㆍIncome Tax | ㆍFinancial Institutions (Insurance Companies): 10% | 10% | ㆍSoftware, Broadcast Tapes, Scientific Works: 5% | Payments made after Jan 1, 1987. | Starting from the tax year commencing on January 1, 2008. | Protocol |
| Corporate Tax | ㆍPetroleum Income Tax | ㆍCredit Sales Interest: 10% | ㆍPatents and Trademarks: 10% | ||||||
| Local Income Tax | ㆍGovernment, Government Investment Financial Institutions: Exempt | ㆍIndustrial, Commercial, Scientific Equipment, and Intellectual Property: 15% | |||||||
| Agricultural Special Tax | ㆍOthers：15% | ||||||||
| Turkey | Mar 27, 1986 | Income Tax | ㆍIncome Tax | ㆍMore than 2 years: 10% | ㆍCorporates with a 25% or higher ownership (excluding associations): 15% | 10% | Payments made after Jan 1, 1987 | Starting from the tax year commencing on Jan 1, 2008 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | ㆍOthers：20% | ||||||
| Local Income Tax | |||||||||
| Portugal | Dec 21, 1997 | Income Tax | ㆍIndividual Income Tax | 15% | ㆍCorporates with a 25% or higher ownership for more than 2 years: 10% | 10% | Payments made after Jan 1, 1998 | Starting from the tax year commencing on Jan 1, 1998 | |
| Corporate Tax | ㆍCorporate Income Tax | ㆍOthers：15% | |||||||
| Local Income Tax | ㆍLocal Tax imposed on Corporate Income Tax | ||||||||
| Agricultural Special Tax | |||||||||
| France (Amended on Mar 1, 1992) | Mar 1, 1992 | Income Tax | ㆍIncome Tax | 10% (Interest Exempt for Credit Sales) | ㆍCorporates with a 10% or higher ownership: 10% | 10% | Payments made after Mar 1, 1992. | ㆍIndividual: Income generated after Mar 1, 1992 | Protocol |
| Corporate Tax | ㆍCorporate Tax | ㆍOthers：15% | ㆍCorporates: Commencing business year after Mar 1, 1992 | ||||||
| Local Income Tax | |||||||||
| Australia | Jan 1, 1984 | Income Tax | ㆍIncome Tax (Including Additional Tax on Retained Earnings of Private Corporations) | 15% | 15% | 15% | ㆍKorea: Income generated after Jan 1, 1982 | ㆍKorea: Commencing business year after Jan 1, 1982 | Protocol |
| Corporate Tax | ㆍAustralia: Income generated after Jan 1, 1982 | ㆍAustralia: Income year commencing on or after Jul 1, 1982 | |||||||
| Local Income Tax | |||||||||
| Hongkong | Sep 27, 2016 | Income Tax,Corporate Tax,Agricultural Special Tax,Local Income Tax | ㆍProfits Tax | 10% | ㆍIncome-earning owner, excluding partnerships, who directly owns a minimum of 25% of the capital of the dividend-paying company: 10% | Profitable owner 10% | Payments made after Apr 1, 2017. | Business year Commencing after Jan 1, 2017. | |
| ㆍWage Tax | ㆍOther cases:15% | ||||||||
| ㆍProperty Tax (Regardless of whether it is imposed based on individual assessment) | |||||||||
