Withholding Taxes
The percentage of Withholding Taxes varies, depending on the jurisdiction where taxes occur. Dividend payments are included as net dividends for total return net (TRN) indices and on a gross dividend basis for total return gross (TRG) indices. This page provides the most recent list of withholding taxes. In case S&P DJI (for indices calculated by them) uses a different tax rate than Solactive, it's provided in parantheses.
Definitions
- Net dividend: declared dividend less withholding tax
- Gross dividend: declared dividend
| Country | Tax |
|---|---|
| Albania | 8.000% |
| Algeria | 15.000% |
| Anguilla | 0.000% |
| Argentina | 7.000% |
| Australia | 30.000% |
| Austria | 27.500% |
| Bahamas | 0.000% |
| Bahrain | 0.000% |
| Bangladesh | 20.000% |
| Belarus | 12.000% |
| Belgium | 30.000% |
| Bermuda | 0.000% |
| Bosnia and Herzegovina | 5.000% |
| Botswana | 10.000% |
| Bolivia | 12.500% |
| Brazil | 0.000% |
| British Virgin Islands | 0.000% |
| Bulgaria | 5.000% |
| Burkina Faso | 12.500% |
| Cameroon | 16.500% |
| Canada | 25.000% |
| Cayman Islands | 0.000% |
| Chile | 35.000% |
| China | 10.000% |
| Colombia | 10.000% |
| Costa Rica | 15.000% |
| Croatia | 10.000% |
| Curaçao | 0.000% |
| Cyprus | 0.000% |
| Czech Republic | 35.000% |
| Denmark | 27.000% |
| Dominican Republic | 10.000% |
| Ecuador | 10.000% |
| Egypt | 5.000% (10.000%) |
| Estonia | 0.000% |
| Faroe Islands | 35.000% |
| Finland | 35.000% (30.000%) |
| France | 25.000% |
| Gabon | 20.000% |
| Germany | 26.375% |
| Ghana | 8.000% |
| Gibraltar | 0.000% |
| Greece | 5.000% |
| Guernsey | 0.000% |
| Honduras | 10.000% |
| Hong Kong | 0.000% |
| Hungary | 0.000% |
| Iceland | 20.000% |
| India | 20.000% |
| Indonesia | 20.000% |
| Ireland | 25.000% |
| Isle of Man | 0.000% |
| Israel | 25.000% |
| Italy | 26.000% |
| Ivory Coast | 10.000% |
| Jamaica | 33.330% |
| Japan | 15.315% (20.415%) |
| Jersey | 0.000% |
| Kazakhstan | 15.000% |
| Kenya | 15.000% |
| Kuwait | 0.000% |
| Latvia | 0.000% |
| Lebanon | 10.000% |
| Liberia | 15.000% |
| Country | Tax |
|---|---|
| Liechtenstein | 0.000% |
| Lithuania | 15.000% |
| Luxembourg | 15.000% |
| Macao | 0.000% |
| Malaysia | 0.000% |
| Malta | 0.000% |
| Marshall Islands | 0.000% |
| Mauritius | 0.000% |
| Mexico | 10.000% |
| Monaco | 0.000% |
| Mongolia | 20.000% |
| Morocco | 15.000% |
| Namibia | 20.000% |
| Netherlands | 15.000% |
| New Zealand | 30.000% |
| Nicaragua | 15.000% |
| Niger | 0.000% |
| Nigeria | 10.000% |
| North Macedonia | 10.000% |
| Norway | 25.000% |
| Oman | 0.000% |
| Pakistan | 15.000% |
| Panama | 10.000% |
| Papua New Guinea | 15.000% |
| Paraguay | 15.000% |
| Peru | 5.000% |
| Philippines | 25.000% |
| Poland | 19.000% |
| Portugal | 25.000% |
| Puerto Rico | 10.000% |
| Qatar | 0.000% |
| Romania | 5.000% |
| Russia | 15.000% |
| Saudi Arabia | 5.000% |
| Senegal | 10.000% |
| Serbia | 20.000% |
| Seychelles | 15.000% |
| Singapore | 0.000% |
| Slovakia | 35.000% |
| Slovenia | 15.000% |
| South Africa | 20.000% |
| South Korea | 22.000% |
| Spain | 19.000% |
| Sri Lanka | 0.000% |
| Sweden | 30.000% |
| Switzerland | 35.000% |
| Taiwan | 21.000% |
| Tanzania | 10.000% |
| Thailand | 10.000% |
| Togo | 13.000% |
| Tunisia | 10.000% |
| Turkey | 10.000% |
| Turkmenistan | 15.000% |
| Ukraine | 15.000% |
| United Arab Emirates | 0.000% |
| United Kingdom | 0.000% |
| Uruguay | 7.000% |
| USA | 30.000% |
| US Virgin Islands | 10.000% |
| Uzbekistan | 10.000% |
| Venezuela | 34.000% |
| Vietnam | 0.000% |
| Zambia | 20.000% |
| Zimbabwe | 10.000% |