Published on 01 Nov 09
by "AUSTRALIAN TAX FORUM" JOURNAL ARTICLE
In the last decade, several countries have reduced their withholding tax rates seemingly in order to attract foreign investment. This article examines the downward trends in the withholding tax rates in double tax treaties entered into by the United States, the United Kingdom, Canada, Australia and New Zealand and the implications of these reductions. A case study is conducted of the protocol entered into between the United States and New Zealand.