Who is Eligible to Receive Dividends?
To receive dividends, clients must own shares of a stock before the Ex-Dividend Date.
The ex-dividend date is the first day a stock trades without the right to receive the upcoming dividend. Therefore, anyone who purchases shares on or after the ex-dividend date will not be eligible for that dividend.
When are dividends paid out?
Dividends are distributed and paid to Clients on the Payment date.
What Are the Tax Rates for Dividends Received from Companies in Different Countries?
The tax rates for dividends vary depending on the country where the company paying the dividends is located. Here are the tax rates based on the company's country of origin:
Country name | Country | Tax |
Afghanistan | AF | 20% |
Albania | AL | 8% |
Argentina | AR | 7% |
Armenia | AM | 5% |
Australia | AU | 30% |
Austria | AT | 27.5% |
Bahamas | BS | 0 |
Bahrain | BH | 0 |
Barbados | BB | 15% |
Belgium | BE | 30% |
Bermuda | BM | 0 |
Brazil | BR | 0 |
Bulgaria | BG | 5% |
Burkina Faso | BF | 12.5% |
Canada | CA | 25% |
Cayman Islands | KY | 0 |
Chile | CL | 35% |
China | CN | 10% |
Colombia | CO | 10% |
Croatia | HR | 10% |
Curaçao | CW | 0 |
Cyprus | CY | 0 |
Czechia | CZ | 15% |
Denmark | DK | 27% |
Egypt | EG | 10% |
Estonia | EE | 7% |
Faroe Islands | FO | 35% |
Finland | FI | 35% |
France | FR | 25% |
Georgia | GE | 5% |
Germany | DE | 26.375% |
Greece | GR | 5% |
Greenland | GL | 42% |
Guernsey | GG | 0 |
Hong Kong | HK | 0 |
Hungary | HU | 0 |
Iceland | IS | 22% |
India | IN | 10% |
Indonesia | ID | 20% |
Ireland Irish domiciled UCITS ETF's TAX | IE | 25% 0% |
Isle of Man | IM | 0 |
Israel | IL | 25% |
Italy | IT | 26% |
Japan | JP | 15.315 |
Jersey | JE | 0 |
Jordan | JO | 10% |
Kazakhstan | KZ | 0 |
Korea, Republic of | KR | 22% |
Latvia | LV | 10% |
Lebanon | LB | 10% |
Libya | LY | 0 |
Liechtenstein | LI | 0 |
Lithuania | LT | 15% |
Luxembourg | LU | 15% |
Malaysia | MY | 0 |
Malta | MT | 35% |
Marshall Islands | MH | 0 |
Mauritius | MU | 0 |
Mexico | MX | 10% |
Monaco | MC | 0 |
Montenegro | ME | 10% |
Morocco | MA | 10% |
Netherlands | NL | 15% |
New Zealand | NZ | 15% |
Nigeria | NG | 10% |
Norway | NO | 25% |
Pakistan | PK | 15% |
Panama | PA | 10% |
Peru | PE | 4.1% |
Philippines | PH | 25% |
Poland | PL | 19% |
Portugal | PT | 35% |
Puerto Rico | PR | 10% |
Romania | RO | 8% |
Russian Federation | RU | 15% |
Saint Pierre and Miquelon | PM | 30% |
San Marino | SM | 10% |
Saudi Arabia | SA | 5% |
Serbia | RS | 20% |
Singapore | SG | 0 |
Slovakia | SK | 7% |
Slovenia | SI | 25% |
South Africa | ZA | 20% |
Spain | ES | 19% |
Sweden | SE | 30% |
Switzerland | CH | 35% |
Taiwan, Province of China | TW | 21% |
Thailand | TH | 10% |
Tunisia | TN | 10% |
Türkiye | TR | 10% |
Ukraine | UA | 15% |
United Kingdom of Great Britain and Northern Ireland | GB | 0 |
United States Minor Outlying Islands | UM | 10% |
United States of America Limited Partnership | US | 30% 37% |
Uruguay | UY | 7% |
Virgin Islands, British | VG | 0 |
How is the tax on dividends calculated?
The tax on dividends is determined by the laws of the country where the company issuing the dividends is registered and listed.
Please note that the tax rate depends on the issuing company's country, not the client's residency state. EXANTE receives payments from upstream custodians and applies the tax rates to our clients accordingly. The payments received are always taxed at the maximum default rates.
Is Exante a tax agent?
For non-US income, EXANTE operates on an "execution only" basis and is not a withholding agent or tax agent. Any proceeds from transactions with financial instruments or corporate actions are passed on to clients in the exact amount received from EXANTE's counterparties (upstream custodians or depositories), after deducting any withheld taxes.
Where can I find the information on the tax amounts for my dividends?
The Transactions section of the Client's Area contains all information about dividends and related tax enumerations. To view detailed information on the tax paid for a dividend, hover your mouse over the transaction name.
If a dividend is credited to your account, you will see a DIVIDEND transaction entry in your account, followed by a TAX/ISSUANCE FEE debit transaction.
Can I create a report with only DIVIDEND and TAX transactions?
Yes, you can create a report based on transaction type from the Portfolio → Transactions page in your Client’s area. In the “Type to apply new filter” field, select “Operation type” - DIVIDEND, TAX, and/or US TAX, and click on the PDF or XLS button to generate the report.
Why do I need to fill out the W-8 form?
As a Qualified Foreign Intermediary (QI) with the IRS, we are required to collect W-8 forms ("Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting") from all clients who might receive US-source income, such as dividends, coupon payments, or other fixed, determinable, annual, or periodic (FDAP) income.
What Happens If I Don't Submit the W-8 Form?
If you do not submit the W-8 form, a maximum withholding tax rate of 30% will be applied, as required for foreign entities or individuals. By submitting a valid form, you may qualify for a reduced tax rate under the tax treaty applicable to your specific country of residence.
For more information on W-8 forms, visit our FAQ.