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

03.09.2019

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 35% before any refund.

CountryRate prescribed
by the DTT -
Dividends (%)
Tax refund
available (%)
Algeria1520
Andorra1520
Austria1520
Bahrain 1520
Barbados1520
Belgium1520
Brazil1520
Bulgaria1520
Canada1520
Cape Verde1025
Chile1520
China (People's Rep.)1025
Colombia1025
Croatia1025
Cuba1025
Cyprus 1025
Czech Republic1520
Denmark1025
Estonia1025
Ethiopia1025
Finland1520
France1520
Georgia1025
Germany1520
Greece1520
Guinea-Bissau1025
Hong Kong 1025
Hungary1520
Iceland1520
India1520
Indonesia1025
Ireland1520
Israel1520
Italy1520
Ivory Coast (Côte d'Ivoire)1025
Japan1025
Korea (Rep.)1520
Kuwait1025
Latvia1025
Lithuania1025
Luxembourg1520
Macau1025
Malta1520
Mexico1025
Moldova1025
Montenegro1025
Morocco1520
Mozambique1025
Netherlands1025
Norway1520
Oman1520
Pakistan1520
Panama1520
Peru1520
Poland1520
Qatar1025
Romania1520
Russia1520
San Marino1520
Sao Tome and Principe1520
Saudi Arabia 1025
Senegal 1025
Singapore1025
Slovak Republic1520
Slovenia1520
South Africa1520
Spain1520
Sweden1025
Switzerland1520
Tunisia1520
Turkey1520
Ukraine1520
United Arab Emirates1520
United Kingdom1520
United States1520
Uruguay1025
Venezuela1025
Vietnam1520