Icelandic equities - relief at source - rates, eligibility, documentation, deadlines etc.
Withholding Tax
| Standard rate of withholding tax | 22% |
| Holding restriction | Yes |
The standard rate of withholding tax on dividends from Icelandic equities is 22% in Clearstream Banking.
Eligible beneficial owners
Relief at source or exemption from withholding tax on dividend from Icelandic equities is not available through Clearstream Banking:
Relief | Quick | Standard | |
Non-Residents legal entity | No | N/A | Yes |
Residents of Double Taxation Treaty (DTT) countries | No | N/A | Yes |
Tax-exempt beneficial owners | No | N/A | Yes |
Standard refund
Beneficial owners eligible to receive Icelandic dividends at a reduced tax rate can apply for a standard refund.
The procedure and documentation requirements are available in the Standard refund section.
Capital gains Tax
| Standard rate of withholding tax | 0% |
| Holding restriction | Yes |