Anse Accounting Corp.Korean withholding tax on dividends, interest and royalties: treaty rates for 13 countries and how to claim them
Korea withholds 22% on dividends, most interest and royalties paid to a foreign company, unless the foreign recipient claims a lower treaty rate before payment. This guide sets out the treaty rates for 13 major investor countries, explains when local income tax is added on top, and walks through the application and refund procedure.