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

01 October 2024|Tax Alerts, Information Reporting, National/Federal Taxation, Treaties, Global|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.

On 18 September 2024, Kuwait ratified the pending protocol (Protocol) to the 2004 South Africa-…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.