Charity Treaty Rate Matrix
Tax refunds available for U.S. charities on foreign dividend income (for selected markets)
Country of Investment | Statutory Tax Rate | Potential Refund Rate for U.S. Charities | Tax Rate after Refund |
Austria | 27.5% | 12.5% | 15% |
Belgium | 27% | 27% / 12% | 0% / 15% |
Denmark | 27% / 28% | 12% | 15% / 16% |
Finland | 30% | 15% | 15% |
France | 30% | 15% | 15% |
Germany | 26.375% | 26.375% | 0% |
Iceland | 20% | 5% | 15% |
Netherlands | 15% | 15% | 0% |
Norway | 25% | 10% | 15% |
Portugal | 35% | 20% | 15% |
Spain | 19% | 4% | 15% |
Sweden | 30% | 15% | 15% |
Switzerland | 35% | 20% | 15% |
This Market Overview is intended as a high-level overview of applicable tax rates, procedures, and deadlines. It is not designed to give comprehensive information concerning all taxation issues relating to securities held in these countries. It does not constitute legal or tax advice.