Foreign tax relief
Credit in the form of a rebate from South African tax is allowed for taxes paid on foreign income. The aggregate credit allowed may not exceed an amount which bears to the total tax payable in South Africa the same ratio as the foreign income taxable in South Africa bears to the total taxable income.
South Africa has tax treaties with the following countries:
|Cameroon||Korea, Republic of||Slovak Republic|
|China (People's Republic of)||Luxembourg||Sweden|
|Cyprus||Malaysia||Taiwan (Republic of China)|
|Democratic Republic of Congo||Mauritius||Thailand|
|France||New Zealand||United Arab Emirates|