The Dividend Withholding Tax Rates by Country for 2021 has been published by S&P Global. This simple one-pager shows the updated withholding tax rates for each country. Certain countries such as Singapore, UK (excluding REITs), etc. are great for American investors since they do not charge withholding taxes for dividends. Others such as Colombia, Mexico, Thailand, etc. have a nominal tax rate of 10%. Among the high withholding tax rate countries are New Zealand, Denmark, Germany and Switzerland.
Update – Click this link for 2022 rates: Dividend Withholding Tax Rates by Country for 2022
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Source: S&P Dow Jones
Asia:
a. India Dividend Withholding Tax :
1.What is the 2021 Withholding Tax Rate for Dividends paid to US investors?
20%.
2.What is the 2021 Withholding Tax Rate for 2021 for Dividends for Indian stocks held in qualified retirement accounts?
20%.
3.Does India waive the dividend Withholding Tax for stocks held in Qualified Retirement Accounts like IRAs, 401-Ks, etc.?
No. There is no special treatment for stocks held in retirement accounts.
4.What is the 2021 Withholding Tax Rate for REITs?
Same 20%.
5.Is there anyway to get a reduced Withholding Tax Rate?
No.
b. Singapore Dividend Withholding Tax :
1.What is the 2021 Singapore Withholding Tax Rate for Dividends paid to US investors?
0%. Singapore is one of the few countries in the world that charges no withholding taxes to US residents.
2.What is the 2021 Withholding Tax Rate for 2021 for Dividends for Singapore stocks held in qualified retirement accounts?
0%.
3.Does Singapore waive the dividend Withholding Tax for stocks held in Qualified Retirement Accounts like IRAs, 401-Ks, etc.?
Not applicable since Singapore charges 0%.
4.What is the 2021 Singapore Dividend Withholding Tax Rate for REITs?
10%.
5.Is there anyway to get a reduced Withholding Tax Rate?
No.
c. Australia Dividend Withholding Tax :
1.What is the 2021 Australia Withholding Tax Rate for Dividends paid to US investors?
30%.
2.What is the 2021 Withholding Tax Rate for 2021 for Dividends for Singapore stocks held in qualified retirement accounts?
30%.
3.Does Australia waive the dividend Withholding Tax for stocks held in Qualified Retirement Accounts like IRAs, 401-Ks, etc.?
No.
4.What is the 2021 Australia Dividend Withholding Tax Rate for REITs?
30%.
5.Is there anyway to get a reduced Withholding Tax Rate?
No.
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Latin America:
Europe:
Middle East and Africa:
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