Belize Withholding tax rates
Belize Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 11 Aug 2026.
The taxes Belize requires payers to deduct from payments to non-residents under the Income and Business Tax Act, Cap. 55 - 15% on dividends and interest, 25% on management fees, rentals of plant and equipment, technical services and insurance premiums - each at its domestic statutory rate before any double-tax agreement relief. Administered by the Belize Tax Service.
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What this value means
THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL. Belize deducts at 15% on dividends and interest and 25% on a scheduled list of service-type payments to non-residents; a caller must name which payment type and read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. Belize's few double-tax agreements (notably CARICOM) can alter them; applying one is a legal determination rather than a lookup, so we do NOT serve treaty rates. ROYALTIES ARE NAMED IN SCHEDULE IX BUT NOT AMONG THE NON-RESIDENT DEDUCTION HEADS. Schedule IX does list royalties at 15% (paragraph (h)) and royalties from real property at 3% (paragraph (e)), but s. 113(2) invokes that Schedule for DIVIDENDS only; the non-resident deduction provisions name management fees, rentals of plant or equipment, technical services and insurance premiums (s. 113(3), 25%) and interest on loans (s. 113(4), 15%), with no royalties head among them. A royalty paid to a non-resident therefore falls to be tested under the 25% head or the general business-tax charge rather than under a named non-resident royalties rate - which is why no royalties entry asserting a bespoke statutory rate is served. NO EFFECTIVE DATES ARE SERVED: the consulted texts state the rates without commencement dates, and we do not supply them from memory. Post-2019, former IBC-regime companies lost their blanket exemption; conditional reliefs exist (e.g. dividends to recipients outside the EU non-cooperative list, with no Belize permanent establishment, taxed in their residence state) - whether one applies is a determination, not a lookup. CITATIONS REBASED 2026-08-11 ONTO THE OFFICIAL CONSOLIDATED ACT, AND CONFIDENCE RAISED TO PRIMARY. All four citations now point at the Income and Business Tax Act, Cap. 55, Revised Edition 2020, as published by the Attorney General's Ministry of Belize (agm.gov.bz); the PDF was retrieved and machine-read and every served rate was verified verbatim in the statute, so this record no longer rests on commentary. The previously cited bts.gov.bz copy of the Act now answers HTTP 200 with HTML rather than the PDF, and two of the rate-level citations previously pointed at a personal law blog; both have been replaced. SECTION NUMBERING CONFIRMED: in the 2020 revision the non-resident deduction heads are s. 113(2)-(4), while s. 112 is the separate withholding tax of three per centum on gross contract payments, which this record does not serve. AMENDMENTS SINCE THE 31 DECEMBER 2020 CONSOLIDATION WERE CHECKED AND CHANGE NO SERVED RATE: the Income and Business Tax (Amendment) Act, 2021 (No. 12 of 2021, gazetted 12 June 2021) amends s. 113 and the Ninth Schedule, but the s. 113 change only adds the dividend exemption for related parties and for companies resident outside the EU list of non-cooperative jurisdictions that have no permanent establishment in Belize and self-certify that the dividend is taxable in their country of residence, and the Ninth Schedule change only replaces paragraph (q) and inserts a new paragraph (t) taxing pure equity holding companies at 0% - paragraph (h) and its 15% are untouched. The Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024, gazetted 14 December 2024) amends s. 112 but neither s. 113 nor Schedule IX. No Income and Business Tax amendment Act was passed in 2022, 2023, 2025 or 2026.
Get it programmatically
curl https://latamref.dev/v1/bz/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/bz/withholding-tax/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/bz/withholding-taxOther Belize series: Policy interest rate · General Sales Tax (GST) standard rate · VAT registration threshold · National minimum wage (hourly) · Public and bank holidays · CPI inflation (year-on-year) · Corporate income tax rate · Statutory interest on judgment debts · Personal income tax · Statutory social-insurance contributions
The same figure elsewhere: Bolivia · Brazil · Chile · Colombia · Costa Rica · all 22