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

22.02.2023

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 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 30% before any refund.

There is currently no prescribed form for tax refund available for use.

Country

Rate prescribed
by the DTT -
Dividends (%)

Tax refund
available (%)

Argentina

15

15

Austria

15

15

Belgium

15

15

Canada

15

15

Chile

15

15

China

15

15

Czech Republic

15

15

Denmark

15

15

Fiji

20

10

Finland

15

15

France

15

15

Germany

15

15

Hungary

15

15

India

15

15

Indonesia

15

15

Ireland

15

15

Italy

15

15

Japan

10

20

Kiribati

20

10

Malaysia

15

15

Malta

15

15

Mexico

15

15

Netherlands

15

15

New Zealand

15

15

Norway

15

15

Papua New Guinea

15

15

Philippines

25 / 15 b

5 / 15

Poland

15

15

Romania

15

15

Russia

15

15

Singapore

15

15

Slovak Republic

15

15

South Africa

15

15

South Korea

15

15

Spain

15

15

Sri Lanka

15

15

Sweden

15

15

Switzerland

15

15

Taiwan

15

15

Thailandc

30

0

Turkey

15

15

United Kingdom

15

15

United States of America

15

15

Vietnam

15

15

a. Before May 2010, the standard rate in Clearstream Banking was 49.0%.
b. The lower rate applies if a tax rebate or credit is granted to the beneficial owner. For other dividends, the applicable rate is 25%.
c.The domestic rate applies.