Lesotho

Cross Border in Lesotho

Lesotho cross-border income tax for the 2026-27 year of assessment (1 April 2026 to 31 March 2027) under Part X (International Taxation) of the Income Tax Act 1993 as amended. Covers residence of individuals (normal place of abode, more than 182 days, officials posted abroad) and companies (incorporation, management and control, majority of operations), the domestic branch definition, Lesotho-source income rules (s.103), 25% final withholding on dividends, interest, royalties, natural resource payments and management charges to non-residents, 15% for concessional manufacturing, 10% on non-resident services contracts, the election to be assessed at 40%, the s.110 statement before paying a non-resident, branch profits tax on repatriated income, the foreign tax credit, the foreign employment exemption, tax havens and treaties, with the South Africa treaty as the worked case.