Annex III. Limits of taxation in conventions
Country | Dividends | Interest | Fees | ||
---|---|---|---|---|---|
General | Parent-Subsidiary | ||||
% part.minimum | Type | ||||
Albania | 10 | 75/10 | 0/5 | 0/6 | 0 |
Germany: Former agreement New agreement |
15 15 |
25 10 |
10 5 |
10 0 |
5 0 |
Andorra | 15 | 10 | 5 | 5 | 5 |
Saudi Arabia | 5 | 25 | 0 | 0/5 | 8 |
Algeria | 15 | 10 | 5 | 0/5 | 7/14 |
Argentina: Former agreement New agreement |
15 15 |
25 25 |
10 10 |
0/12.5 0/12 |
3/5/10/15 3/5/10/15 |
Armenia | 10 | 25 | 0 | 5 | 5/10 |
Australia | 15 | - | - | 10 | 10 |
Austria | 15 | 50 | 10 | 5 | 5 |
Azerbaijan | 10 | 25 and investment €250,000 |
5 | 0/8 | 5/10 |
Barbados | 5 | 25 | 0 | 0 | 0 |
Belgium | 15 | 25 | 0 | 0/10 | 5 |
Belarus | 10 | 10 | 5/0 if investment > €1 million |
0/5 | 5 |
Bolivia | 15 | 25 | 10 | 0/15 | 15/0 |
Bosnia and Herzegovina | 10 | 20 | 5 | 0/7 | 7 |
Brazil | 15 | - | - | 10/15 | 10/15 |
Bulgaria | 15 | 25 | 5 | 0 | 0 |
Republic of Cape Verde | 10 | 25 | 0 | 0/5 | 5 |
Canada | 15/0 (11) | 10 (11) | 5 (11) | 15/10/0 (12) | 0/10 |
Qatar | 5 | 1/5/10 (13) | 0 | 0 | 0 |
Czech Republic | 15 | 25 | 5 | 0 | 0/5 |
Cyprus | 5 | 10 | 0 | 0 | 0 |
Chile | 10 | 20 | 5 | 5/15 | 5/10 |
China: Former agreement New agreement |
10 10/0 |
- 25 |
- 5 |
10 10/0 |
10 10 |
Colombia | 5 | 20 | 0 | 10 | 10 |
Korea | 15 | 25 | 10 | 10 | 10 |
Costa Rica | 12 | 20 | 5 | 0/5/10 | 10 |
Croatia | 15 | 25 | 0 | 0/8 (7) | 0/8 (7) |
Cuba | 15 | 25 | 5 | 10 | 0/5 |
Denmark (6) | 15 | - | 0 (1) | 10 | 6 |
Dominican Republic | 10 | 75 | 0 | 0/10 | 10 |
Ecuador | 15 | - | - | 5/10 | 5/10 |
Egypt | 12 | 25 | 9 | 10 | 12 |
United Arab Emirates | 15 | 10 | 5 | 0 | see note(3)( ( |
Slovakia | 15 | 25 | 5 | 0 | 0/5 |
Slovenia | 15 | 25 | 5 | 5 | 5 |
United States: Until 26-11-19 From 27-11-19 |
15 0/15 |
25 10/80 |
10 5/0 |
10 0/10 |
05/08/2010 0 |
Estonia | 15 | 25 | 5 | 0/10 | 5/10 |
Philippines | 15 | 10 | 10 | 10/15 | 10/15/20 |
Finland: Former agreement New agreement |
15 15/0 |
25 10 |
10 5 |
10 0 |
0/5 0 |
France | 15 | 10 | 0 | 10 | 0/5 |
Georgia | 10 | 10 | 0 | 0 | 0 |
Greece | 10 | 25 | 5 | 0/8 | 6 |
Hong Kong | 10 | 25 | 0 | 0/5 | 5 |
Hungary | 15 | 25 | 5 | 0 | 0 |
India | 15 | - | - | 15 | 10/20 |
Indonesia | 15 | 25 | 10 | 10 | 10 |
Iran | 10 | 20 | 5 | 7.5 | 5 |
Ireland | 15 | 25 | 0 | 0 | 5/8/10 |
Iceland | 15 | 25 | 5 | 5 | 5 |
Israel | 10 | - | - | 5/10 | 5/7 |
Italy | 15 | - | - | 12 | 4/8 |
Jamaica | 10 | 25 | 5 | 0/10 | 10 |
Japan: Former Convention New Agreement |
15 0(14)/5/10 |
25 10 |
10 0(14)/10 |
10 0(14)/10 |
10 0(14) |
Kazakhstan | 15 | 10 | 5 | 0/10 | 10 |
Kuwait | 5 | 10 | 0 | 0 | 5 |
Latonia | 10 | 25 | 5 | 0/10 | 5/10 |
Lithuania | 15 | 25 | 5 | 0/10 | 5/10 |
Luxemburg | 15 | 25 | 10 | 10 | 10 |
Macedonia | 15 | 10 | 5 | 5 | 5 |
Malaysia | 5 | 5 | 0 | 0/10 | 5/7 |
Malta | 5 | 25 | 0 | 0 | 0 |
Morocco | 15 | 25 | 10 | 10 | 5/10 |
Mexico: Until 26-09-17 From 27-09-17 |
15 10/0 |
25 10 |
5 0 |
10/15 4.9/10 |
0/10 0/10 |
Moldova | 10 | 25/50 | 5/0 | 0/5 | 8 |
Nigeria | 10 | 10 | 7.5 | 7.5 | 3.75/7.5 |
Norway | 15 | 25 | 10 | 0/10 | 5 |
New Zealand | 15 | - | - | 10 | 10 |
Oman | 10 | 20 | 0 | 5 | 8 |
Netherlands | 15 | 25/50 | 5/10 | 10 | 6 |
Pakistan | 10 | 25/50 | 7.5/5 | 0/10 | 7.5 |
Panama | 10 | 40/80 (8) | 5/10 | 0/5 | 5 |
Poland | 15 | 25 | 5 | 0 | 0/10 |
Portugal | 15 | 25 | 10 | 15 | 5 |
United Kingdom: Former agreement New agreement |
15 10/15/0 |
10 10 |
10 0 |
12 0 |
10 0 |
Romania Former agreement New agreement |
15 0/5 |
25 10 |
10 0 |
10 0/3 |
10 3 |
Russian Federation | 5/10/15 (2) | - | - | 5 | 5 |
Former USSR | 18 | - | - | 0 | 5 |
Salvador, El | 12 | 50 | 0 | 0/10 | 10 |
Senegal | 10 | - | - | 0/10 | 10 |
Serbia | 10 | 25 | 5 | 0/10 | 5/10 |
Singapore | 5 (9) | 10 | 0 | 0/5 | 5 |
South Africa | 15 | 25 | 5 | 0/5 | 5 |
Sweden | 15 | 50 | 10 | 15 | 10 |
Switzerland | 15/0 (10) | 25/10 (10) | 10/0 (4) | 10/0 (4) | 5/0 (1) |
Thailand | 10 | 0 | - | 10/15 | 5/8/15 |
Trinidad and Tobago | 10 | 25/50 | 5/0 | 0/8 | 5 |
Tunisia | 15 | 50 | 5 | 5/10 | 10 |
Turkey | 15 | 25 | 5 | 10/15 | 10 |
Uruguay | 5 | 75 | 0 | 0/10 | 5/10 |
Uzbekistan | 10 | 25 | 5 | 5 | 5 |
Venezuela | 10 | 25 | 0 | 0/4.95/10 | 5 |
Vietnam | 15 | 25/50 | 10/7 | 10 | 10 |
Data in percentages
Notes to the table
(1) See article 10 of the Agreement.(Go back)
(2) See article 10 of the Agreement.(Go back)
(3) See article 12 of the Agreement.(Go back)
(4) The exemption for parent-subsidiary dividends and interest is applicable to income accrued since 01-06-2007.(Go back)
(5) The exemption for royalties between associated companies is applicable to income accrued since 02-07-2011.(Go back)
(6) The Danish-Spanish Convention and its Protocol has been denounced by Denmark (BOE 19-11-2008).Consequently, the agreement and the protocol modifying it ceased to be in force on 1 January 2009.(Return)
(7) Articles 11 and 12 see Protocol:after a period of 5 years from the coming into force of the agreement the rates will be 0%.(Go back)
(8) See article 10 of the Agreement.(Go back)
(9) See article 10 of the Agreement.(Go back)
(10) The Protocol amending the Convention of 27 June 2011 (BOE 11-06-2013) modifies the minimum shareholding percentage (which is now 10%) and introduces an exemption (dividends paid to a recognised pension fund or plan) (Back)
(11) The Protocol amending the Convention of 23 November 1976 (BOE 08-10-2015), applicable to dividends accrued since 12-12-2015, introduces a case of exemption (dividends paid to a pension plan or retirement plan) and establishes a taxation limit of 5% for parent-subsidiary dividends provided that the minimum percentage shareholding is at least 10%.(Go back)
(12) The Protocol amending the Convention of 23 November 1976 (BOE 08-10-2015), applicable to interest accrued since 12-12-2015, modifies the taxation limit (from 15% to 10%) and introduces a case of exemption (loans made or credits assigned by the Canadian Export Credit Agency).(Go back)
(13) See article 10 of the Agreement.(Go back)
(14) See article 28 of the Agreement.(Go back)