Equities - Double Taxation Treaties concluded by Denmark and currently in force

26.08.2019

Note: Clearstream Banking provides these rates for information purposes only and does not guarantee that this information is correct, complete and accurate. Clearstream Banking does not assume liability for any damages, direct or indirect, that may arise from the reliance on or the use of this information. The rate as prescribed in the DTT assumes that the beneficial owner does not hold a substantial percentage of the share capital of the company paying the dividend. Different rates may apply for substantial holdings. Please refer to the actual DTT or your tax advisor for further information.

The following chart contains the withholding tax rates that are applicable to dividends The standard rate of withholding tax on dividends is 27% before any refund.

CountryRate prescribed by the DTT – Dividends (%)
Argentina15
Australia15
Austria15
Azerbaijan15
Bangladesh15
Belarus15
Belgium15
Brazil25
Bulgaria15
Canada15
Chile15
China10
Croatia10
Cyprus15
Czech Republic15
Egypt20
Estonia15
Faroe Islands15
Finland15
Georgia10
Germany15
Ghana15
Greece18
Hungary15
Iceland15
India25
Indonesia20
Ireland15
Israel10
Italy15
Jamaica15
Japan15
Kenya30
Kuwait15
Kyrgyzstan15
Latvia15
Lithuania15
Luxembourg15
Malaysia0
Malta15
Mexico15
Montenegro15
Morocco25
Netherlands15
New Zealand15
North Macedonia15
Norway15
Pakistan15
Philippines15
Poland15
Portugal10
Romania15
Russia10
Serbia15
Singapore10
Slovak Republic15
Slovenia15
South Africa15
South Korea15
Sri Lanka15
Sweden15
Switzerland15
Taiwan10
Tanzania15
Thailand10
Trinidad and Tobago20
Tunisia15
Turkey20
Uganda15
Ukraine15
United Kingdom15
United States15
Venezuela15
Vietnam15
Zambia15