Debt securities - Double Taxation Treaties concluded by Japan and currently in force
Note: Clearstream Banking provides these rates for information purposes only and does not assume liability in any case of error, omission or consequential damages. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.
The standard rate of withholding tax on interest is 15.315% before any refund.
Country | Rate prescribed | Tax refund |
Australia | 10 | 5.315 |
Austria | 0 | 15.315 |
Bangladesh | 10 | 5.315 |
Belarus | 10 | 5.315 |
Belgium | 10 | 5.315 |
Brazil | 12.5 | 2.815 |
Brunei | 10 | 5.315 |
Bulgaria | 10 | 5.315 |
Canada | 10 | 5.315 |
| Chile | 10 | 5.315 |
China | 10 | 5.315 |
Colombia | 10 | 5.315 |
Croatia | 5 | 10.315 |
Czech Republic | 10 | 5.315 |
Denmark | 0 | 15.315 |
Ecuador | 10 | 5.315 |
Estonia | 10 | 5.315 |
Finland | 10 | 5.315 |
France | 10 | 5.315 |
Georgia | 5 | 10.315 |
Germany | 0 | 15.315 |
Hong Kong | 10 | 5.315 |
Hungary | 10 | 5.315 |
Iceland | 0 | 15.315 |
India | 10 | 5.315 |
Indonesia | 10 | 5.315 |
Ireland | 10 | 5.315 |
Israel | 10 | 5.315 |
Italy | 10 | 5.315 |
Jamaica | 10 | 5.315 |
Kazakhstan | 10 | 5.315 |
Kuwait | 10 | 5.315 |
Kyrgyz Republic | 10 | 5.315 |
Latvia | 0/10 a | 15.315/5.315 |
Lithuania | 0/10 a | 15.315/5.315 |
Luxembourg | 10 | 5.315 |
Malaysia | 10 | 5.315 |
Mexico | 15 | 0.315 |
Netherlands | 10 | 5.315 |
New Zealand | 10 | 5.315 |
Norway | 10 | 5.315 |
Pakistan | 10 | 5.315 |
Peru | 10 | 5.315 |
Philippines | 10 | 5.315 |
Poland | 10 | 5.315 |
Portugal | 10 | 5.315 |
Qatar | 10 | 5.315 |
Republic of Armenia | 10 | 5.315 |
Republic of Moldava | 10 | 5.315 |
Romania | 10 | 5.315 |
Russia | 0 | 15.315 |
Saudi Arabia | 10 | 5.315 |
Serbia | 10 | 5.315 |
Singapore | 10 | 5.315 |
Slovakia | 10 | 5.315 |
Slovenia | 5 | 10.315 |
South Africa | 10 | 5.315 |
South Korea | 10 | 5.315 |
Spain | 0 | 15.315 |
Sri Lanka b | 0 | 15.315 |
Sultanate of Oman | 10 | 5.315 |
Sweden | 0 | 15.315 |
Switzerland | 0 | 15.315 |
Taiwan | 10 | 5.315 |
Tajikistan | 10 | 5.315 |
Thailand | 25 | 0 |
Turkey | 15 | 0.315 |
Turkmenistan | 10 | 5.315 |
Ukraine | 10 | 5.315 |
United Arab Emirates | 10 | 5.315 |
United Kingdom c | 0 | 15.315 |
United States of America d | 0 | 15.315 |
Uruguay | 10 | 5.315 |
Uzbekistan | 5 | 10.315 |
Vietnam | 10 | 5.315 |
Zambia | 10 | 5.315 |
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a. 0% if the beneficial owner is a person other than an individual, and the interest is not determined by reference to receipts, sales, income, profits or other cash flow of the debtor or a related person, to any change in the value of any property of the debtor or a related person or to any dividends, partnership distribution or similar payment made by the debtor or a related person.
b. Only applicable to banks.
c. 0% is applicable provided that the final beneficial owner satisfies the requirements of the Limitation On Benefits Article (LOB).
Certain interest income (for example interest from profit-linked bonds) is subject to 10% tax.
d. 0% does not apply to interest that is determined by reference to receipts, sales, income, profits or other cash flow of the debtor or a related person, to any change in the value of any property of the debtor or a related person or to any dividends, partnership distribution or similar payment made by the debtor or a related person (for example profit-linked bonds) and 10% applies.