Details of the new income tax treaty and protocol between South Africa abd Prtugal, signed on 13 November 2006, have become available. The treaty was concluded in the English and Portuguese languages, each text having equal authenticity. When the treaty enters into force, it will repeal the transport tax treaty signed on 2 August 1957. The treaty generally follows the OECD Model Convention.
The maximum rates of withholding tax are: