Annex III. Taxation limits in agreements
| Country | Dividends | Interest | Fees | ||
|---|---|---|---|---|---|
| General | Parent-subsidiary | ||||
| % part minimum | Type | ||||
| Albania | 10 | 75/10 | 0/5 | 0/6 | 0 |
| Germany: Old Covenant New Covenant |
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: Old Covenant New Covenant |
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 (eleven) | 10 (eleven) | 5 (eleven) | 10/15/0 (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: Old Covenant New Covenant |
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 |
| Arab Emirates | 15 | 10 | 5 | 0 | see note(3) |
| Slovakia | 15 | 25 | 5 | 0 | 0/5 |
| Slovenia | 15 | 25 | 5 | 5 | 5 |
| USA: Until 11-26-19 From 11-27-19 |
15 0/15 |
25 10/80 |
10 5/0 |
10 0/10 |
5/8/10 0 |
| Estonia | 15 | 25 | 5 | 0/10 | 5/10 |
| Philippines | 15 | 10 | 10 | 10/15 | 10/15/20 |
| Finland: Old Covenant New Covenant |
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: Old Covenant New Covenant |
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 |
| Letonia | 10 | 25 | 5 | 0/10 | 5/10 |
| Lithuania | 15 | 25 | 5 | 0/10 | 5/10 |
| Luxembourg | 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 09-26-17 From 09-27-17 |
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: Old Covenant New Covenant |
15 10/15/0 |
10 10 |
10 0 |
12 0 |
10 0 |
| Romania: Old Covenant New Covenant |
15 0/5 |
25 10 |
10 0 |
10 0/3 |
10 3 |
| Russian Federation | 10/5/15 (2) | - | - | 5 | 5 |
| Former USSR | 18 | - | - | 0 | 5 |
| Savior (He) | 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) | 10/25 (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 percentage
Notes to the table:
(1) See article 10 of the Convention. (Back)
(2) See article 10 of the Convention. (Back)
(3) See article 12 of the Convention. (Back)
(4) The exemption for parent-subsidiary dividends and interest is applicable to income accrued since 06-01-2007. (Back)
(5) The exemption for royalties between associated companies is applicable to income accrued since 07-02-2011. (Back)
(6) The Spanish-Danish Convention and its Protocol have been denounced by Denmark ( BOE 11-19-2008). As a consequence, the Convention and its Protocol cease to be in force on January 1, 2009. (Back)
(7) Articles 11 and 12 see Protocol: After a period of 5 years from the entry into force of the Agreement, the rates will be 0%. (Back)
(8) See article 10 of the Convention. (Back)
(9) See article 10 of the Convention. (Back)
(10) The Protocol modifying the Agreement of June 27, 2011 (BOE 06-11-2013) modifies the minimum participation percentage (which becomes 10%) and introduces an exemption case (dividends paid to a fund or investment plan). recognized pensions) (Back)
(eleven) The Protocol modifying the Agreement of November 23, 1976 (BOE 08-10-2015), applicable to dividends accrued since 12-12-2015, introduces an exemption case (dividends paid to a pension plan or retirement plan ) and establishes a tax limit of 5% for parent-subsidiary dividends as long as the minimum participation percentage is at least 10%. (Back)
(12) The Protocol modifying the Agreement of November 23, 1976 (BOE 08-10-2015), applicable to interests accrued since 12-12-2015, modifies the tax limit (from 15% to 10%) and introduces an assumption of exemption (loans made or credits assigned by the Canadian Export Credit Agency). (Back)
(13) See article 10 of the Convention. (Back)
(14) See article 28 of the Convention. (Back)