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

20.07.2020

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 (%)

Argentina

15

Armenia

15

Australia

15

Austria

15

Azerbaijan

15

Bangladesh

15

Belarus

15

Belgium

15

Brazil

25

Bulgaria

15

Canada

15

Chile

15

China

10

Croatia

10

Cyprus

15

Czech Republic

15

Egypt

20

Estonia

15

Faroe Islands

15

Finland

15

Georgia

10

Germany

15

Ghana

15

Greece

18

Greenland

27

Hungary

15

Iceland

15

India

25

Indonesia

20

Ireland

15

Israel

10

Italy

15

Jamaica

15

Japan

15

Kenya

30

Kuwait

15

Kyrgyzstan

15

Latvia

15

Lithuania

15

Luxembourg

15

Malaysia

0

Malta

15

Mexico

15

Montenegro

15

Morocco

25

Netherlands

15

New Zealand

15

North Macedonia

15

Norway

15

Pakistan

15

Philippines

15

Poland

15

Portugal

10

Romania

15

Russia

10

Serbia

15

Singapore

10

Slovak Republic

15

Slovenia

15

South Africa

15

South Korea

15

Sri Lanka

15

Sweden

15

Switzerland

15

Taiwan

10

Tanzania

15

Thailand

10

Trinidad and Tobago

20

Tunisia

15

Turkey

20

Uganda

15

Ukraine

15

United Kingdom

15

United States

15

Venezuela

15

Vietnam

15

Zambia

15