Edition: 2026 · Source: IRS Tax Treaty Table 1 (Rev. May 2023) · Last verified: September 3, 2026
The two dates in that line are supposed to look like that: a 2023 table, checked in 2026. Treaty rates change when a treaty changes, not when the calendar does — Table 1 has carried the same rates since its May 2023 revision, and the IRS treaty tables hub still pointed to that edition on September 3, 2026. What the annual edition gives you is not new numbers. It is a dated record that someone went back to the primary source and confirmed the old ones still hold.
Every US dividend paid to an investor abroad passes through the same first question: how much does the United States keep at the border? The answer is a treaty rate, the 30% default, or a treaty that no longer works. This page is the answer as a dataset: every US treaty jurisdiction plus the cases that cause most of the surprises, each rate tied to the IRS edition behind it, free to download and free to reuse.
How to read this table
What these rates are. Every rate below is the general (portfolio) treaty rate — the rate that applies to an individual investor holding ordinary shares of a US company. Three things it is not: it is not the reduced direct dividend rate available to corporate shareholders above an ownership threshold; it is not the rate for REIT distributions, which several treaties handle separately; and it is not automatic — the treaty’s own eligibility and limitation-on-benefits terms decide whether you qualify, and a valid Form W-8BEN is what tells your broker to apply it. The IRS states this plainly on Table 1 itself: the table “is not a comprehensive guide to all eligibility requirements for every treaty rate of tax or exemption listed. You should review the text of the treaty.”
One more layer sits outside this page: the US withholding is only the first cut. Your home country may tax the same dividend again, with its own rules for crediting what the US took. For a worked example of the two-layer math, see the China page. To run your own number, use the withholding tax calculator.
The 2026 rates
Dividend withholding rates for every jurisdiction with a US income tax treaty in force, plus the no-treaty and terminated-treaty cases that account for most of the surprises — 65 treaty jurisdictions and 19 non-treaty entries, 84 rows in all. Every row has a stable anchor, so you can link a single country directly (for example …/us-dividend-tax-rates-by-country/#jp for Japan). Click a column header to sort.
| Country / jurisdiction | Dividend WHT rate | Treaty status | Notes |
|---|---|---|---|
| Argentina | 30% | No treaty | No US income tax treaty |
| Armenia | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Australia | 15% | Treaty | 2001 protocol; 5% direct rate for 10%+ corporate holders |
| Austria | 15% | Treaty | |
| Azerbaijan | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Bangladesh | 15% | Treaty | |
| Barbados | 15% | Treaty | |
| Belarus | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies; certain interest claims suspended Dec 17, 2024 (dividends unaffected) |
| Belgium | 15% | Treaty | |
| Brazil | 30% | No treaty | No US income tax treaty |
| Bulgaria | 10% | Treaty | |
| Canada | 15% | Treaty | RRSP/401(k)-style plans may be exempt under Art. XXI |
| Chile | 15% | Treaty | Treaty in force since 2023 |
| China (PRC) | 10% | Treaty | Mainland residents; does not extend to Hong Kong or Macau |
| Colombia | 30% | No treaty | No US income tax treaty |
| Croatia | 30% | No treaty | Treaty signed Dec 7, 2022, not yet in force: the 30% default applies |
| Cyprus | 15% | Treaty | |
| Czech Republic | 15% | Treaty | |
| Denmark | 15% | Treaty | |
| Egypt | 15% | Treaty | |
| Estonia | 15% | Treaty | |
| Finland | 15% | Treaty | |
| France | 15% | Treaty | |
| Georgia | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Germany | 15% | Treaty | |
| Greece | 30% | Treaty | 1950 treaty gives no dividend reduction: same as default |
| Hong Kong SAR | 30% | No treaty | No treaty; the US–China treaty does not cover Hong Kong |
| Hungary | 30% | Terminated | Treaty terminated; stopped applying to dividends at source on Jan 1, 2024: the default 30% now applies |
| Iceland | 15% | Treaty | |
| India | 25% | Treaty | |
| Indonesia | 15% | Treaty | |
| Ireland | 15% | Treaty | |
| Israel | 25% | Treaty | |
| Italy | 15% | Treaty | |
| Jamaica | 15% | Treaty | |
| Japan | 10% | Treaty | |
| Kazakhstan | 15% | Treaty | |
| Kenya | 30% | No treaty | No US income tax treaty |
| Korea (South) | 15% | Treaty | |
| Kyrgyzstan | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Latvia | 15% | Treaty | |
| Lithuania | 15% | Treaty | |
| Luxembourg | 15% | Treaty | |
| Macau SAR | 30% | No treaty | No treaty; the US–China treaty does not cover Macau |
| Malaysia | 30% | No treaty | No US income tax treaty |
| Malta | 15% | Treaty | |
| Mexico | 10% | Treaty | |
| Moldova | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Morocco | 15% | Treaty | |
| Netherlands | 15% | Treaty | |
| New Zealand | 15% | Treaty | |
| Nigeria | 30% | No treaty | No US income tax treaty |
| Norway | 15% | Treaty | |
| Pakistan | 30% | Treaty | Old treaty gives no reduction on portfolio dividends |
| Panama | 30% | No treaty | No US income tax treaty |
| Peru | 30% | No treaty | No US income tax treaty |
| Philippines | 25% | Treaty | |
| Poland | 15% | Treaty | |
| Portugal | 15% | Treaty | |
| Qatar | 30% | No treaty | No US income tax treaty |
| Romania | 10% | Treaty | |
| Russia | 30% | Suspended | Key treaty articles (incl. dividends) suspended for payments on or after Aug 16, 2024: 30% applies |
| Saudi Arabia | 30% | No treaty | No comprehensive treaty |
| Singapore | 30% | No treaty | No US income tax treaty |
| Slovak Republic | 15% | Treaty | |
| Slovenia | 15% | Treaty | |
| South Africa | 15% | Treaty | |
| Spain | 15% | Treaty | |
| Sri Lanka | 15% | Treaty | |
| Sweden | 15% | Treaty | |
| Switzerland | 15% | Treaty | |
| Taiwan | 30% | No treaty | No US income tax treaty |
| Tajikistan | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Thailand | 15% | Treaty | |
| Trinidad & Tobago | 30% | Treaty | Old treaty gives no reduction on portfolio dividends |
| Tunisia | 20% | Treaty | |
| Turkey | 20% | Treaty | |
| Turkmenistan | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| UAE | 30% | No treaty | No US income tax treaty |
| Ukraine | 15% | Treaty | |
| United Kingdom | 15% | Treaty | 0% for certain pension funds; 5% direct rate |
| Uzbekistan | 30% | Treaty | Old USSR treaty gives no dividend reduction: 30% applies |
| Venezuela | 15% | Treaty | |
| Vietnam | 30% | No treaty | No US income tax treaty |
Country not listed? Then no US income tax treaty covers it, and the 30% default below applies. Run the exact withholding on your next dividend with the calculator.
No treaty? The 30% default
When no treaty applies, the rate is not a gap in the table but the law itself: 26 U.S.C. § 871(a)(1) imposes “a tax of 30 percent of the amount received” on US-source dividends paid to a nonresident alien. Seventeen of the listed jurisdictions have no US treaty at all, including Singapore, Hong Kong, Taiwan, Brazil, Croatia, and three Gulf entries (Qatar, Saudi Arabia, and the UAE).
Two rows sit here although a treaty exists on paper. Hungary‘s treaty has been terminated, and stopped applying to dividends at source on January 1, 2024. Russia‘s treaty had its key articles, including the dividend article, suspended for payments made on or after August 16, 2024. Both rows carry the 30% that actually reaches your account, with the status label that explains why.
Twelve treaty jurisdictions sit at 30% too, for a quieter reason: their treaties simply give no dividend reduction. That is Greece (a 1950 treaty), Pakistan, Trinidad & Tobago, and the nine states where the old USSR treaty still applies (Armenia, Azerbaijan, Belarus, Georgia, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan). For those, “treaty” in the status column is true and changes nothing at the border.
What changed in this edition
Rates: nothing. Table 1 has carried the same rates since its May 2023 revision, and this edition re-verified every row against the current table and the IRS treaties list.
Treaty status: Hungary’s termination (in effect for dividends at source from January 1, 2024) and Russia’s suspension (payments on or after August 16, 2024) are reflected as 30% comparison rows. Belarus’s partial suspension (December 17, 2024) covers certain interest claims only; dividends were never reduced under the USSR-era treaty anyway, so its row is unchanged at 30% with the caution noted.
The IRS moved its own list. The A-to-Z treaty list this page cites lived at a different URL until recently, and that old address now returns a 404. The current address is linked under Methodology.
Structure: this edition adds ISO country codes, a treaty-status column, and splits the old single “CIS countries” line into nine rows. The CSV and JSON carry the same fields, so anything you build on them keeps working next year.
Download the data
Two links per format. The latest link always points at the current edition; the 2026 link is this edition, archived permanently, for citing exactly what you saw:
- us-dividend-wht-latest.csv · us-dividend-wht-2026.csv
- us-dividend-wht-latest.json · us-dividend-wht-2026.json
- README.txt: field definitions, sources, license, citation format
Cite this dataset: DivAtlas (2026). US Dividend Withholding Tax Rates by Country (2026) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22827533 (concept DOI — always resolves to the latest edition).
Cite this page
DivAtlas (2026). US Dividend Withholding Tax Rates by Country, 2026 edition. Compiled from IRS Tax Treaty Table 1 (Rev. May 2023); verified September 3, 2026.
https://www.divatlas.com/us-dividend-tax-rates-by-country/
Archived edition (fixed snapshot): https://www.divatlas.com/data/us-dividend-wht-2026.csv
Link directly to any country’s row. Every row has a stable anchor: add “#” plus the country’s two-letter ISO code (shown in the table’s ISO column) to this page’s URL. For example, https://www.divatlas.com/us-dividend-tax-rates-by-country/#jp opens this page already scrolled to Japan’s row. Anchors don’t move when rates are re-verified. Same row, same address, every edition.
License. The rates themselves are facts published by the US Internal Revenue Service and are not mine to license. The compilation here — the structure, the ISO codes, the notes and the version history — is released under CC0 1.0: use it for anything, commercial or not, with no permission needed. A citation is appreciated because it lets readers trace a number back to its source, not because I require one.
Methodology and sources
Why not just link the IRS? You should — every number here carries its IRS source, and I would rather you check. But the IRS publishes this as a PDF that changes revision without changing filename, on pages that move: the A-to-Z list moved this year, as noted in the edition notes above. This page is the machine-readable, dated, permanently-addressed version of what the IRS publishes. That is the whole of its claim.
How the 84 rows reconcile to the IRS lists: the IRS A-to-Z list names 67 treaty partners. Hungary’s treaty is terminated and Russia’s key articles are suspended, so both appear here as 30% comparison rows with status labels. The remaining 65 treaty jurisdictions each get a treaty row; twelve of them sit at 30% anyway because the treaty itself gives no dividend reduction. Seventeen more rows cover the most-asked jurisdictions with no US treaty in force, including Croatia, whose treaty, signed in December 2022, is not yet in force.
Every rate is column 6 of IRS Tax Treaty Table 1 (Rev. May 2023), “Dividends — Paid by U.S. Corporations, General”, reached via the IRS treaty tables hub. Treaty status labels come from the IRS income tax treaties A-to-Z list and the country treaty-document pages it links to (the Russia and Belarus pages carry the suspension notices quoted in the edition notes above). The 30% default is 26 U.S.C. § 871(a)(1). Table 1’s footnote letters are not mapped row by row; where they matter, the table above links you back to Table 1 itself and to Table 4 for the limitation-on-benefits tests. Every rate on this page comes out of a single data file, so a correction reaches every page at once. What happens when two official sources disagree, and what “verified” does and does not mean here: How We Verify.
Corrections. If a rate here disagrees with the IRS source, email me at contact@divatlas.com. Every report gets a reply, normally the same day. If it holds up, the page and both data files are fixed together and the correction is logged in the edition notes above with its date, including when the mistake was mine.
Frequently asked questions
Does the treaty rate apply to me automatically?
No. The treaty sets the ceiling; its own eligibility and limitation-on-benefits articles decide whether you personally qualify, and the IRS says as much in the caution printed on Table 1 itself. The table tells you the rate. The treaty text tells you whether it is yours.
What do I need to do to get the lower rate?
File Form W-8BEN with your broker before the dividend is paid, and renew it before it expires. Without a valid form your broker withholds 30% no matter what the treaty says; an expired form is the same as no form. Getting the money back after an over-withholding is a separate, slower road.
Should I just use the IRS table instead?
Yes, and I would rather you did. The IRS table is the source; this page is the traceable copy. What the copy adds is what a PDF revision cannot carry: ISO country codes, machine-readable files, a permanent address, an archived edition per year, and status labels for treaties that Table 1 does not yet reflect, or no longer does. If this page and the IRS ever disagree, the IRS is right, and I want to hear about it.
Why is my country not in the table?
Then no US income tax treaty covers it, and the 30% default applies to your US dividends. The table lists every treaty jurisdiction plus the no-treaty cases readers ask about most; anything missing sits at 30% by law, not by oversight.
Does this rate apply to my REIT or ETF dividends?
Not without checking. Several treaties handle REIT distributions separately: some apply the treaty rate only below an ownership threshold, and some tax REIT dividends at 30% outright. Table 1’s footnotes carry those cases country by country. An ETF’s outcome depends on what the fund holds and how it is structured. The treaty text, plus a tax adviser for your facts, is the answer; this table is the starting point.
Written and maintained by the DivAtlas editor, a mainland China tax resident who holds US-listed dividend stocks and files a W-8BEN, the same as most people reading this. I am an investor working from primary sources, not a licensed tax adviser. The tax rules on this page were checked against the sources listed at the top of this page on September 3, 2026, and the page is reviewed annually and whenever the underlying rules change.
DivAtlas is an educational reference, not tax, legal or investment advice. Cross-border tax outcomes depend on your facts; tax rules change. Verify the details that apply to your situation with a qualified professional before acting.