Income tax treaties may provide for higher withholding tax rates on interest income than the rate provided under U.S.statutory law.

Name: Income tax treaties may provide for higher withholding tax rates on interest income than the rate provided under U.S.statutory law.
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Income tax treaties typically provide for lower withholding tax rates on interest income compared to the rates under U.S. statutory law to avoid double taxation and encourage cross-border investments.

Income Tax Treaties May Provide for Higher Withholding Tax Rates