In this article, we will look at the 10 countries with a double tax treaty with the USA. If you wish to read our detailed analysis, go to 66 Countries with a Double Tax Treaty with the USA.
10. Mexico
GDP (PPP): $3.42 Trillion
Treaty Withholding Rate on Interest: 15%
Effective Date: January 1, 1994
Mexico has a GDP of $3.42 trillion and a 15% treaty withholding rate on interest. Mexico ranks 10th among the countries with a double tax treaty with the USA.
9. Türkiye
GDP (PPP): $3.81 Trillion
Treaty Withholding Rate on Interest: 15%
Effective Date: January 1, 1998
Türkiye has a 15% treaty withholding rate on interest and the treaty’s effective date is January 1, 1998. Türkiye has a GDP of $3.81 trillion.
8. United Kingdom
GDP (PPP): $3.98 Trillion
Treaty Withholding Rate on Interest: 0%
Effective Date: January 1, 2004
The United Kingdom has a GDP of $3.98 trillion and a 0% treaty withholding rate on interest. The United Kingdom’s treaty with the USA became effective on January 1, 2004.
7. France
GDP (PPP): $4.01 Trillion
Treaty Withholding Rate on Interest: 0%
Effective Date: January 1, 1996
France has a GDP of $4.01 trillion and a 0% treaty withholding rate on interest.
6. Indonesia
GDP (PPP): $4.71 Trillion
Treaty Withholding Rate on Interest: 10%
Effective Date: January 1, 1990
Indonesia has a GDP of $4.71 trillion and has a 10% treaty withholding rate on interest. Indonesia is placed sixth among the countries with a double tax treaty with the USA.
5. Russia
GDP (PPP): $5.23 Trillion
Treaty Withholding Rate on Interest: 0%
Effective Date: January 1, 1994
Russia has a 0% treaty withholding rate on interest and the treaty’s effective date is January 1, 1994. Russia has a GDP of $5.23 trillion.
4. Germany
GDP (PPP): $5.71 Trillion
Treaty Withholding Rate on Interest: 0%
Effective Date: January 1, 1990
Germany has a GDP of $5.71 trillion and the country’s double tax treaty with the USA became effective on January 1, 1990.
3. Japan
GDP (PPP): $6.71 Trillion
Treaty Withholding Rate on Interest: 0%
Effective Date: January 1, 2005
Japan has a GDP of $6.71 trillion and a 0% treaty withholding rate on interest. Japan’s treaty with the USA became effective on January 1, 2009.
2. India
GDP (PPP): $14.26 Trillion
Treaty Withholding Rate on Interest: 15%
Effective Date: January 1, 1991
India has a GDP of $14.26 trillion and a 15% treaty withholding rate on interest. India is one of the countries with a double tax treaty with the USA.
1. China
GDP (PPP): $35.04 Trillion
Treaty Withholding Rate on Interest: 10%
Effective Date: January 1, 1987
China has a 10% treaty withholding rate on interest. With a GDP of $35.04 trillion, China tops among the countries with a double tax treaty with the USA.
You can also take a look at the 13 Countries with Easy Citizenship for Retirement and 20 Most Valuable Latin American Companies.
