What is the dividend withholding rate between Australia and Greece?
Under the Australia-Greece tax treaty, the withholding rate on dividends is 15% for portfolio investors (general rate). A reduced rate of 5% applies when the beneficial owner is a company holding a qualifying ownership stake (typically 10% or more of voting stock). Note that the reduced rate requires the recipient to file the appropriate treaty benefit claim form before payment. This 15% rate compares to a median of 15% across Australia's 48 active treaty partners, and 15% across Greece's 29 active partners.
Network Comparison
Australia
Rank 19 of 48 active treaties (lowest rate = #1)
Lower rates with: Finland (15%), France (15%), United Kingdom (15%)
Higher rates with: Hong Kong (15%), Hungary (15%), Indonesia (15%)
Greece
Rank 8 of 29 active treaties (lowest rate = #1)
Lower rates with: Hungary (10%), South Korea (10%), Austria (15%)
Higher rates with: Belgium (15%), Canada (15%), Switzerland (15%)