If you or your business pays interest to one or more parties and that interest is more than $5,000 in total, you are generally obliged to register with the Inland Revenue Department and deduct Resident Withholding Tax.
Leech & Partners Ltd can assist with the preparation of Resident Withholding Tax on Interest Returns and Reconciliations, and can help to structure your business entities so that RWT and Interest payments are minimized. Contact us to find out more.
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