What is the dividend withholding rate between Belgium and Greece?
Under the Belgium-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 Belgium's 39 active treaty partners, and 15% across Greece's 29 active partners.
Network Comparison
Belgium
Rank 15 of 39 active treaties (lowest rate = #1)
Lower rates with: Finland (15%), France (15%), United Kingdom (15%)
Higher rates with: Hungary (15%), Indonesia (15%), Ireland (15%)
Greece
Rank 9 of 29 active treaties (lowest rate = #1)
Lower rates with: South Korea (10%), Austria (15%), Australia (15%)
Higher rates with: Canada (15%), Switzerland (15%), Czech Republic (15%)