Equities - Double Taxation Treaties concluded by France and currently in force (securities held in CBF)

15.08.2019

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 standard rate of withholding tax on dividends is, as of 1 January 2012, 30% before any refund (25% before 1 January 2012).

The prescribed forms for tax refunds are, in all cases, Forms 5000 & 5001.

CountryRate prescribed
by the DTT -
Dividends (%) a
Tax refund
available (%)
Albania1515
Algeria1515
Andorra1515
Argentina1515
Armenia1515
Australia1515
Austria1515
Azerbaijan1020
Bahrain030
Bangladesh1515
Belarus1515
Belgium1515
Benin300
Bolivia1515
Bosnia-Herzegovina b1515
Botswana1218
Brazil1515
Bulgaria1515
Burkina Faso300
Cameroon1515
Canada1515
Central African Republic300
Chile1515
China1020
Congo2010
Croatia1515
Cyprus1515
Czech Republic1020
Ecuador1515
Egypt030
Estonia1515
Ethiopia1020
Finland030
French Polynesia300
Gabon1515
Georgia1020
Germany1515
Ghana1515
Greece300
Guinea1515
Hong Kong1020
Hungary1515
Iceland1515
India1020
Indonesia1515
Iran2010
Ireland1515
Israel1515
Italy1515
Ivory Coast (Côte d'Ivoire)1515
Jamaica1515
Japan1020
Jordan1515
Kazakhstan1515
Kenya1020
Korea, Republic of1515
Kuwait030
Latvia1515
Lebanon030
Libya1020
Lithuania1515
Luxembourg c1515
Madagascar255
Malawi d300
Malaysia1515
Mali300
Malta1515
Mauritania300
Mauritius1515
Mexico1515
Moldova, Republic of1515
Monaco300
Mongolia1515
Montenegro b1515
Morocco1515
Namibia1515
Netherlands1515
New Caledonia1515
New Zealand1515
Niger300
Nigeria1515
North Macedonia1515
Norway1515
Oman030
Pakistan1515
Panama1515
Philippines1515
Poland1515
Portugal1515
Qatar030
Quebec1515
Romania1020
Russia1515
Saint-Martin1515
St. Pierre and Miquelon15 / 5 e15 / 25
Saudi Arabia030
Senegal1515
Serbia b1515
Singapore1515
Slovak Republic f1020
Slovenia1515
South Africa1515
Spain1515
Sri Lanka300
Sweden1515
Switzerland1515
Syria1515
Taiwan1020
Thailand300
Togo300
Trinidad and Tobago1515
Tunisia300
Turkey2010
Turkmenistan1515
Ukraine1515
United Arab Emirates030
United Kingdom1515
United States of America1515
Uzbekistan1020
Venezuela525
Vietnam1515
Zambia d300
Zimbabwe g1515

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a. Only the most common rate for legal entities is shown in this column. Other rates may apply in particular cases.
b. The DTT with the former Socialist Federal Republic of Yugoslavia applies. France continues to apply the former Yugoslavia treaty of 28 March 1974 in relations with Serbia and Montenegro. In practice, Serbia and Montenegro generally continues to apply the former conventions.
c. The DTT with Luxembourg does not apply to 1929 Holding Companies.
d. The DTT between France and the United Kingdom (1950) was extended to Malawi and Zambia by exchange of Notes.
e. 15% for individuals; 5% for legal entities.
f. The DTT with the former Czechoslovakia applies. France continues to apply the fomer Socialist Republic of Czechoslovakia treaty of 1973 in relations with the Slovakian Republic. The Czech Republic new DTT with France came into force on 1 January 2006.
g. All payments for Zimbawe residents are blocked as of 21 February 2002 on annually renewable basis.