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) Indexes and on a gross dividend basis for total return gross (TRG) Indexes. This page provides the most recent list of withholding taxes.
Definitions
- Net dividend: declared dividend less withholding tax
- Gross dividend: declared dividend
| Country | Tax |
|---|---|
| ALGERIA | 15% |
| ANTIGUA AND BARBUDA | 25% |
| ARGENTINA | 7% |
| ARMENIA | 5% |
| AUSTRALIA | 30% |
| AUSTRIA | 28% |
| BAHAMAS | 0% |
| BAHRAIN | 0% |
| BANGLADESH | 20% |
| BARBADOS | 15% |
| BELARUS | 12% |
| BELGIUM | 30% |
| BENIN | 15% |
| BERMUDA | 0% |
| BHUTAN | 10% |
| BOSNIA AND HERZEGOVINA | 5% |
| BOTSWANA | 10% |
| BRAZIL | 0% |
| BRITISH VIRGIN ISLANDS | 0% |
| BULGARIA | 5% |
| BURKINA FASO | 13% |
| CAMBODIA | 14% |
| CAMEROON | 17% |
| CANADA | 25% |
| CAPE VERDE | 0% |
| CAYMAN ISLANDS | 0% |
| CHILE | 35% |
| CHINA | 10% |
| COLOMBIA | 20% |
| COSTA RICA | 15% |
| CROATIA | 10% |
| CURACAO | 0% |
| CYPRUS | 0% |
| CZECH REPUBLIC | 35% |
| DEMOCRATIC REPUBLIC OF THE CONGO | 10% |
| DENMARK | 27% |
| DOMINICA | 10% |
| ECUADOR | 10% |
| EGYPT | 5% |
| EL SALVADOR | 5% |
| EQUATORIAL GUINEA | 25% |
| ESTONIA | 0% |
| ESWATINI | 15% |
| FAROE ISLANDS | 35% |
| FIJI | 0% |
| FINLAND | 35% |
| FRANCE | 25% |
| GABON | 20% |
| GEORGIA | 5% |
| GERMANY | 26.375% |
| GHANA | 8% |
| GIBRALTAR | 0% |
| GREECE | 5% |
| GRENADA | 15% |
| GUERNSEY | 0% |
| GUYANA | 20% |
| HONG KONG | 0% |
| HUNGARY | 0% |
| ICELAND | 20% |
| INDIA | 20% |
| INDONESIA | 20% |
| IRAN | 5% |
| IRAQ | 0% |
| IRELAND | 25% |
| ISLE OF MAN | 0% |
| ISRAEL | 25% |
| ITALY | 26% |
| IVORY COAST | 10% |
| JAMAICA | 33% |
| JAPAN | 15.315% |
| JERSEY | 0% |
| JORDAN | 10% |
| KAZAKHSTAN | 15% |
| KENYA | 15% |
| KUWAIT | 0% |
| KYRGYZSTAN | 10% |
| LAOS | 10% |
| LATVIA | 0% |
| LEBANON | 10% |
| LIBERIA | 15% |
| LIECHTENSTEIN | 0% |
| LITHUANIA | 15% |
| LUXEMBOURG | 15% |
| MALAWI | 15% |
| MALAYSIA | 0% |
| MALDIVES | 10% |
| MALI | 10% |
| MALTA | 0% |
| MARSHALL ISLANDS | 0% |
| MAURITIUS | 0% |
| MEXICO | 10% |
| MOLDOVA | 6% |
| MONGOLIA | 20% |
| MONTENEGRO | 15% |
| MOROCCO | 14% |
| MOZAMBIQUE | 20% |
| MYANMAR | 0% |
| NAMIBIA | 20% |
| NEPAL | 5% |
| NETHERLANDS | 15% |
| NEW ZEALAND | 30% |
| NIGER | 0% |
| NIGERIA | 10% |
| NORTH MACEDONIA | 10% |
| NORWAY | 25% |
| OMAN | 0% |
| PAKISTAN | 15% |
| PALESTINIAN TERRITORY | 0% |
| PANAMA | 10% |
| PAPUA NEW GUINEA | 15% |
| PERU | 5% |
| PHILIPPINES | 25% |
| POLAND | 19% |
| PORTUGAL | 25% |
| PUERTO RICO | 10% |
| QATAR | 0% |
| ROMANIA | 8% |
| RUSSIA | 15% |
| RWANDA | 15% |
| SAINT KITTS AND NEVIS | 15% |
| SAINT LUCIA | 0% |
| SAINT VINCENT AND THE GRENADINES | 0% |
| SAUDI ARABIA | 5% |
| SENEGAL | 10% |
| SERBIA | 20% |
| SEYCHELLES | 15% |
| SINGAPORE | 0% |
| SLOVAKIA | 35% |
| SLOVENIA | 15% |
| SOUTH AFRICA | 20% |
| SOUTH KOREA | 22% |
| SPAIN | 19% |
| SRI LANKA | 15% |
| SUDAN | 10% |
| SWEDEN | 30% |
| SWITZERLAND | 35% |
| SYRIA | 0% |
| TAIWAN | 21% |
| TANZANIA | 10% |
| THAILAND | 10% |
| TOGO | 13% |
| TRINIDAD AND TOBAGO | 8% |
| TUNISIA | 10% |
| TURKEY | 10% |
| UGANDA | 15% |
| UKRAINE | 15% |
| UNITED ARAB EMIRATES | 0% |
| UNITED KINGDOM | 0% |
| UNITED STATES | 30% |
| URUGUAY | 7% |
| VENEZUELA | 34% |
| VIETNAM | 0% |
| ZAMBIA | 20% |
| ZIMBABWE | 10% |