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Appendix II. Treaty tax rates38

Appendix II

TYPE OF INCOME
RECIPIENT COMPANY’S COUNTRY OF RESIDENCE DIVIDENDS (%) INTEREST (%) ROYALTIES (%)
Albania 0, 5 or 10 6 or 0 0
Algeria 15 or 5 5 or 0 14 or 7
Andorra 15 or 5 5 or 0 5
Argentina39 15 or 10 12 or 0 3, 5, 10 or 15
Armenia 10 or 0 5 5 or 10
Australia 15 10 10
Austria 15 or 10 5 5
Barbados 0 or 5 0 0
Belgium (**) 15 or 0 10 or 0 5
Bolivia 15 or 10 15 or 0 15 or 0
Bosnia Herzegovina 10 or 5 7 or 0 7
Brazil 15 15, 10 or 0 15 or 10
Bulgaria 15 or 5  0 0
Canadá 5, 10 ó 15 0 or 10 10 or 0
Czech Republic 15 or 5 0 5 or 0
Chile 10 or 5 15 or 5 10 or 5
China 10 10 10 or 6
China (Hong Kong) 0 or 10 5 5
Colombia 5/0 10 10
Costa Rica 12 or 5 10 or 5 10
Croatia 15 or 5 041 0
Cuba 15 or 5 10 or 0 5 or 0
Cyprus40 5 or 0 0 0
Denmark42 15 or 0 10 6
Dominican Republic 10 or 0 10 or 0 10
Ecuador 15 0 or 5 or 10 10 or 5
Egypt 12 or 9 10 or 0 12
El Salvador 12 or 0 0/10 10
Estonia 15 or 5 10 or 0 10 or 5
Finland 15 or 10 10 5
France 15 or 0 10 or 0 5 or 0
Georgia 0 or 10 0 0
Germany 15 or 10 0 0
Greece 10 or 5 8 or 0 6
Hungary 15 or 5 0 0
Iceland 15 or 5 5 5
India 15 15 or 0 10 or 20
Indonesia 15 or 10 10 or 0 10
Iran 10 or 5 7.5 or 0 5
Ireland 15 or 0 0 5, 8 or 10
Israel 10 0 or 5 or 10 7 or 5
Italy 15 12 or 0 8 or 4
Kazakhstan 5 or 15 10 10
Kuwait 5 or 0 0 5
Jamaica 10 or 5 0 or 10 10
Japan 15 or 10 10 10
Korea 10 or 15 10 or 0 10
Latvia 10 or 5 10 or 0 10 or 5
Lithuania 15 or 5 10 or 0 10 or 5
Luxembourg 15 or 10 10 or 0 10
Macedonia 15 or 5 5 or 0 5
Malaysia 5/0 10 7/5
Malta 5 or 0 0 0
Mexico 15 or 5 15 or 10 10 or 0
Moldova 0, 5 or 10 0 or 5 8
Morocco 15 or 10 10 10 or 5
Netherlands 15,10 or 5 10 6
New Zealand 15 10 10
Nigeria 10 or 7.5 7.5 3.75 or 7.5
Norway 15 or 10 10 or 0 5
Pakistan 5, 7.5 or 10 10 or 0 7,5
Panama 0, 5 or 10 5 or 0 5
Philippines 15 or 10 0 or 15 or 10 10, 15 or 20
Poland 15 or 5 0 10 or 0
Portugal 15 or 10 15 5
Qatar 5 or 0 0 0
Romania 15 or 10 10 10
Russia 15 or 10 or 5 5 or 0 5
Saudi Arabia 5/0 5 or 0 8
Senegal 10 10 or 0 10
Serbia 10 or 5 10 or 0 10 or 5
Singapore 0 or 5 5 or 0 5
Slovakia 15 or 5 0 5 or 0
Slovenia 15 or 5 5 or 0 5
South Africa 15 or 5 5/0 5
Sultanate of Oman 10 or 0 5 or 0 8
Sweden 15 or 10 15 10
Switzerland43 15 or 0 0 0 or 5
Thailand 10 0 or 15 or 10 5, 8 or 15
Trinidad and Tobago 0, 5 or 10 8 or 0 5
Tunisia 15 or 5 10 or 5 10
Turkey 15 or 5 15 or 10 10
United Arab Emirates 15 or 5 0 0
United Kingdom 10 or 0 0 0
United States44 15 or 10 10 or 0 5 or 8 or 10
Uruguay 5 or 0 10 or 0 5 or 10
Uzbekistan 0, 5 or 10 5 or 0 5
Venezuela 10 or 0 0, 10 or 4.95 5
Vietnam 15, 10, 5 or 7 10 or 0 10
Former Soviet Union 18 0 5 or 0

38  The tax rates established in each tax treaty are indicated. The applicability of one or another depends, in each case, on the specific requirements established in each tax treaty. Further information is available at: http://www.minhafp.gob.es/es-ES/Normativa%20y%20doctrina/Normativa/CDI/Paginas/CDI.aspx

39  The previous tax treaty between Spain and Argentina which took effect on July 28, 1994, was denounced unilaterally by Argentina and ceased to have effect on January 1, 2013. However, the new tax treaty, signed on March 11, 2013, establishes its effects from January 1, 2013 (meaning that for practical purposes there is no period not covered by a treaty).

40  Published on May 26, 2014, and entered into force on May 28, 2014.

41   The tax treaty states that the rate applicable to interest and royalties is 8%. However, the Protocol specifies that after a period of 5 years since the entry into force of the tax treaty, the rates relating to interest and royalties (articles 11 and 12 of the tax treaty) will be 0%. As it took effect on April 20, 2006, the period has already elapsed, and th 0% rate will apply.

42  Denmark decided to terminate the Treaty with Spain as of January 1, 2009.

43  The new Protocol amending the Spain-Switzerland tax treaty has been signed and establishes the following rates:

  • Dividends: 15 or 0
  • Interest: 0
  • Royalties: 0

44  The new Protocol amending the Spain-US tax treaty has been signed and establishes the following rates:

  • Dividends: 0, 5 or 15
  • Interest: 0 or 10
  • Royalties: 0