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.

Definitions

  • Net dividend: declared dividend less withholding tax
  • Gross dividend: declared dividend
Country Tax
Argentina 0.000%
Australia 30.000%
Austria 27.500%
Bahrain 0.000%
Belgium 30.000%
Bermuda 0.000%
Brazil 30.000%
British Virgin Islands 0.000%
Bulgaria 5.000%
Canada 25.000%
Cayman Islands 0.000%
Chile 35.000%
China 10.000%
Colombia 5.000%
Croatia 12.000%
CuraƧao 0.000%
Cyprus 0.000%
Czech Republic 35.000%
Denmark 27.000%
Egypt 10.000%
Estonia 0.000%
Faroe Islands 35.000%
Finland 30.000%
France 30.000%
Germany 26.375%
Gibraltar 0.000%
Greece 15.000%
Guernsey 0.000%
Hong Kong 0.000%
Hungary 0.000%
India 0.000%
Indonesia 20.000%
Ireland 20.000%
Isle of Man 0.000%
Israel 25.000%
Italy 26.000%
Japan 15.315%
Jersey 0.000%
Kenya 10.000%
Kuwait 15.000%
Latvia 0.000%
Country Tax
Liberia 15.000%
Lithuania 15.000%
Luxembourg 15.000%
Malaysia 0.000%
Malta 0.000%
Marshall Islands 0.000%
Mauritius 0.000%
Mexico 10.000%
Morocco 15.000%
Netherlands 15.000%
New Zealand 30.000%
Nigeria 10.000%
Norway 25.000%
Oman 0.000%
Pakistan 10.000%
Panama 10.000%
Peru 5.00%
Philippines 30.000%
Poland 19.000%
Portugal 25.000%
Puerto Rico 10.000%
Qatar 0.000%
Romania 5.000%
Russia 15.000%
Senegal 10.000%
Serbia 20.000%
Singapore 0.000%
Slovenia 15.000%
South Africa 15.000%
South Korea 22.000%
Spain 19.000%
Sweden 30.000%
Switzerland 35.000%
Taiwan 20.000%
Thailand 10.000%
Tunisia 5.000%
Turkey 15.000%
United Arab Emirates 0.000%
United Kingdom 0.000%
USA 30.000%
Vietnam 0.000%
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