<h3>Tax Rates</h3><table><thead><tr><th>Item</th><th>Article reference</th><th>Applicable Rates</th><th>Comments</th></tr></thead><tbody><tr><td>Dividends</td><td>Article 10</td><td>10%</td><td>May also be taxed in the state of residence of the company paying dividends; tax not to exceed 10% of the gross amount if the beneficial owner is a resident of the other Contracting State.</td></tr><tr><td>Interest</td><td>Article 11</td><td>10% / 15% / 0%</td><td>10% for financial institutions (including insurance companies); 15% in all other cases. Exempt if derived by or on behalf of the Government, governmental institutions or entities (as defined in Article 4(2)), or certain government-owned banks/financial institutions, or on loans guaranteed or insured by the Government/governmental institutions/entities.</td></tr></tbody></table>
Agreement between the KINGDOM OF THAILAND and the STATE OF KUWAIT for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income
The Kingdom of Thailand and the State of Kuwait;
Desiring to promote their mutual economic relations by removing fiscal obstacles through the conclusion of an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income;
Continue Reading
Access Full Content
You're viewing a preview of this document. Please log in to unlock the complete content, annotations, and research tools.
Click here to view details of the free plan and the subscriptions we offer.