Get Wtrd - Declaration Royalties - External Form - Sars

This guide provides step-by-step instructions for completing the WTRD - Declaration Royalties - External Form required for the exemption or reduced rate of withholding tax on royalties. By following these instructions, users can efficiently navigate the online filling process.

Follow the steps to successfully complete your WTRD form online.

1. Press the ‘Get Form’ button to obtain the form and open it in the editor.
2. Complete Part A, which is pre-populated by the person paying the royalty. Ensure that the full names or registered name, identity or passport number, South African income tax reference number (if available), physical address, postal address, and telephone numbers are accurate.
3. Fill in Part B, which requires information about the foreign person benefiting from the royalty. Include full names or registered name, type of entity (select appropriate option), identity or passport number, South African income tax reference number (if applicable), physical address, postal address, and telephone numbers. Also, specify the country where the foreign person is a resident for tax purposes.
4. In Part C, indicate the reason for exemption from withholding tax on royalties by selecting one of the provided options and elaborating as necessary. If choosing 'Other,' provide detailed descriptions.
5. Sign and date the declaration in Part C, ensuring you include your full names and the effective date of exemption.
6. If applicable, complete Part D to declare a reduced rate of tax. Fill in your full names, including the relevant article of the agreement. Specify the reduced tax rate and the effective date.
7. Sign and date the declaration in Part D, ensuring all details are accurate before submission.
8. Once the form is completed, you can save changes, download, print, or share the WTRD form according to your needs.

Take the next step and complete your WTRD form online to ensure correct tax management and compliance.