Interest - Interest may be taxed in both countries. Salaries - Generally salaries are taxed in the home country if the employee does not visit the other country for more than 183 days within the tax year, and is employed directly by a corporation in the home country. There are special provisions for government employees, pensioners, teachers, students and trainees. The following table summarizes the withholding tax rates for various payments according to effective tax treaties. One should bear in mind that the data listed below is subject to exceptions, conditions, etc.
Payments regarding transport and shipping are exempt from withholding taxes.
In addition to the above mentioned treaties, there are treaties with Argentina, Switzerland, and Uruguay, limited to transport and shipping. All rights reserved.