DT16652 - Senegal: Treaty Summary

The table summarises the provisions of the treaty as they relate to income beneficially owned by UK residents. The rate shown is the ‘treaty rate’ and does not reflect taxes chargeable under domestic law before relief is given under the provisions of the treaty. The ‘treaty rate’ is the maximum rate at which Senegal is permitted to tax income in the relevant categories under the treaty. Rates chargeable under domestic law may be higher or lower.

In all cases other conditions for relief (e.g. beneficial ownership) will have to be met before relief is due under the treaty. The text of the treaty itself should be consulted for the full details. The text of the treaty can be found on gov.uk.

Subject	Comments	Article
Portfolio dividends	10% (note 1)	Article 10
Dividends on direct investments	5%	Article 10
Conditions for lower rate on dividends on direct investments	The beneficial owner must be a company which holds directly at least 25 per cent of the capital of the company paying the dividends
Property income dividends	15%	Article 10
Interest	10% (note 2)	Article 11
Royalties	10% (note 3)	Article 12
Government pensions	Taxable only in Senegal unless the individual is a resident of, and a national of, the UK	Article 18
Other pensions	Taxable only in the UK	Article 17
Arbitration	No	Article 24

Note 1: A rate of 8% applies if the beneficial owner is a pension scheme established in the UK.

Note 2: Interest paid to the UK Government, its political subdivisions and local authorities are taxable only in the UK.

Note 3: For royalties relating to industrial, commercial or scientific equipment the 10% withholding rate applies to an adjusted amount equivalent to 60% of the gross amount of the royalties.