Tax agreement between Taiwan and South Africa – TNTA explains procedure to apply for lower withholding tax rate on dividends from South Africa

The Taipei National Tax Administration (TNTA) issued a statement on 6 July 2012 to explain the procedure to apply for a lower withholding tax rate under the South Africa - Taiwan Income Tax Agreement (1994).
The details of the statement are summarized as follows.
A Taiwanese profit-seeking enterprise that receives dividends from a resident enterprise of South Africa can apply for a lower withholding tax rate of 5% under a tax agreement with South Africa, if the Taiwanese profit-se…