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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

27.5%

 
BAHAMAS

0%

 
BAHRAIN

0%

 
BANGLADESH

20%

 
BARBADOS

15%

 
BELARUS

15%

 
BELGIUM

30%

 
BENIN

15%

 
BERMUDA

0%

 
BHUTAN

10%

 
BOSNIA AND HERZEGOVINA

5%

 
BOTSWANA

10%

 
BRAZIL

0%

 
BRITISH VIRGIN ISLANDS

0%

 
BULGARIA

5%

 
BURKINA FASO

12.5%

 
CAMBODIA

14%

 
CAMEROON

16.5%

 
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

0%

 
IRAQ

0%

 
IRELAND

25%

 
ISLE OF MAN

0%

 
ISRAEL

25%

 
ITALY

26%

 
IVORY COAST

10%

 
JAMAICA

33.3%

 
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

12.50%

 
MOZAMBIQUE

20%

 
MYANMAR

0%

 
NAMIBIA

20%

 
NEPAL

5%

 
NETHERLANDS

15%

 
NEW ZEALAND

30%

 
NIGER

10%

 
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

15%