Acupay Tax Relief Countries

Acupay’s Tax Operational Team will support you with the recovery of the tax withheld under applicable law upon receipt of any dividend, interest, other cash distributions, as well as any proceeds or income from the sale, loan or other transfer of any security held by any custodian bank, investment manager, hedge fund, charities, corporations or individuals.

Acupay will support you or the beneficial owner of the securities that is deemed eligible, pursuant to the provisions of any Tax Treaty or the applicable domestic laws, for a reduced rate or exemption from any tax withheld by your custodian or paying agent.

The service is available for both retail and institutional investors.

We would like to highlight the following markets to give an idea of the reclaim process, although we do support many more. To submit a tax reclaim request, please visit the Get In Touch section.

Tax reclaim matrix

Country	Withholding Rate (Equities)	Withholding Rate (Debt)	Reclaim Process
Austria	27.5%	27.5%	Standard Reclaim based on documentation.
Belgium	30%	30%	Standard Reclaim based on documentation.
Canada	25%	25%	Standard Reclaim based on documentation.
Czech Republic	15%	15%	Quick Reclaims and Standard Reclaim based on documentation.
Denmark	27%	0%	Standard Reclaim based on documentation.
Finland	20%	0%	Standard Reclaim based on documentation.
France	12.8% / 25%	0%	Standard Reclaim based on documentation.
Germany	26.375%	0%	Standard Reclaim based on documentation.
Iceland	20%	12%	Standard Reclaim based on documentation.
Ireland	20%	20%	Standard Reclaim based on documentation.
Israel	25%	23%	Standard Reclaim based on documentation.
Italy	26%	26%	RAS and Quick reclaim.
Luxembourg	15%	0%	Standard Reclaim based on documentation.
Netherlands	15%	0%	Standard Reclaim based on documentation.
Norway	25%	0%	Standard Reclaim based on documentation.
Portugal	25% / 28% / 35%	25% / 28% / 35%	Quick Reclaims and Standard Reclaim based on documentation.
Spain	19%	19%	Quick Reclaims and Standard Reclaim based on documentation.
Sweden	30%	0%	Standard Reclaim based on documentation.
Switzerland	35%	35%	Standard Reclaim based on documentation.

Legend:

PY = Paying Year

Y = Calendar Year

PD = Payment Date

M = Month

Disclaimer:

Nothing in this market overview is intended to constitute financial, legal, or tax advice. This overview is intended to provide general information gathered from different sources that are generally believed to be reliable. Acupay does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this overview is at the visitor’s own risk and Acupay expressly disclaims any liability for any errors or omissions reflected herein.