background image
8.2.2. Withholding Taxes

The withholding tax rates levied on income received / derived by the non-residents from sources within the Gambia, unless reduced under a tax treaty, are as below:

Dividend

Tax is withheld at the rate of 15% on dividends paid by the Gambia resident entities to non-residents.

Interest

Tax is withheld at the rate of 15% on interest paid by the Gambia resident entities to non-residents.

Royalty Copyright

Tax is withheld at the rate of 15% on royalties paid to non-residents.

Royalty Patent

Tax is withheld at the rate of 15% on royalties paid to non-residents.

Royalty Trademark

Tax is withheld at the rate of 15% on royalties paid to non-residents.

Service Management

Tax is withheld at the rate of 15% on service management fees paid to non-residents.

Service Technical

Tax is withheld at the rate of 15% on service technical fees paid to non-residents.

Others

Tax is withheld at the rate of 15% on payments made to non-resident contractors and sub-contractors.

Below is a discussion of domestic withholding tax rules for most of the common cross border payments.

Capital Gains 25.0 %
Dividends 15.0 %
Interest 15.0 %
Royalty Copyright 15.0 %
Royalty Patent 15.0 %
Royalty Trademark 15.0 %
Sales 0.0 %
Service Management 15.0 %
Service Technical 15.0 %

* Rates are current as of 02 October 2022