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

26.04.2022

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 2022, 25% before any refund (26.5% before 1 January 2022, 28% before 1 January 2021 and 30% before 1 January 2020).

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

CountryRate prescribed
by the DTT -
Dividends (%)a
Tax refund
available (%)

Albania

15

10

Algeria

15

10

Andorra

15

10

Argentina

15

10

Armenia

15

10

Australia

15

10

Austria

15

10

Azerbaijan

10

15

Bahrain

0

25

Bangladesh

15

10

Belarus

15

10

Belgium

15

10

Benin

(-)h

-

Bolivia

15

10

Bosnia-Herzegovinab

15

10

Botswana

12

13

Brazil

15

10

Bulgaria

15

10

Burkina Faso

(-)h

-

Cameroon

15

10

Canada

15

15

Central African Republic

(-)h

-

Chile

15

10

China

10

15

Congo

20

5

Croatia

15

10

Cyprus

15

10

Czech Republic

10

15

Ecuador

15

10

Egypt

0

25

Estonia

15

10

Ethiopia

10

15

Finland

0

25

French Polynesia

(-)h

-

Gabon

15

10

Georgia

10

15

Germany

15

10

Ghana

15

10

Greece

(-)h

-

Guinea

15

10

Hong Kong

10

15

Hungary

15

10

Iceland

15

10

India

10

15

Indonesia

15

10

Iran

20

5

Ireland

15

10

Israel

15

10

Italy

15

10

Ivory Coast (Côte d'Ivoire)

15

10

Jamaica

15

10

Japan

10

15

Jordan

15

10

Kazakhstan

15

10

Kenya

10

15

Korea, Republic of

15

10

Kosovo

15

10

Kuwait

0

25

Latvia

15

10

Lebanon

0

25

Libya

10

15

Lithuania

15

10

Luxembourgc

15

10

Madagascar

25

0

Malawid(-)h

-

Malaysia

15

10

Mali

(-)h

-

Malta

15

10

Mauritania

(-)h

-

Mauritius

15

10

Mexico

15

10

Moldova, Republic of

15

10

Monaco

(-)h

-

Mongolia

15

10

Montenegrob

15

10

Morocco

15

10

Namibia

15

10

Netherlands

15

10

New Caledonia

15

10

New Zealand

15

10

Niger

(-)h

-

Nigeria

15

10

North Macedonia

15

10

Norway

15

10

Oman

0

25

Pakistan

15

10

Panama

15

10

Philippines

15

10

Poland

15

10

Portugal

15

10

Qatar

0

25

Quebec

15

25

Romania

10

15

Russia

15

10

Saint-Martin

15

10

St. Pierre and Miquelon

15 / 5e

10 / 20

Saudi Arabia

0

25

Senegal

15

10

Serbiab

15

10

Singapore

15

10

Slovak Republicf

10

25

Slovenia

15

10

South Africa

15

10

Spain

15

10

Sri Lanka

(-)h

-

Sweden

15

10

Switzerland

15

10

Syria

15

10

Thailand

(-)h

-

Togo

(-)h

-

Trinidad and Tobago

15

10

Tunisia

(-)h

-

Turkey

20

5

Turkmenistan

15

10

Ukraine

15

10

United Arab Emirates

0

25

United Kingdom

15

10

United States of America

15

10

Uzbekistan

10

15

Venezuela

5

20

Vietnam

15

10

Zambiad(-)h

-

Zimbabweg

15

10

-----------------------------
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 former 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 Zimbabwe residents are blocked as of 21 February 2002 on annually renewable basis.

h. The domestic rate applies; there is no reduction under the treaty.