What is the dividend withholding rate between China and Turkey?
Under the China-Turkey tax treaty, the withholding rate on dividends is 10% for portfolio investors (general rate). A reduced rate of 10% 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 10% rate compares to a median of 10% across China's 47 active treaty partners, and 15% across Turkey's 37 active partners.
Network Comparison
China
Rank 36 of 47 active treaties (lowest rate = #1)
Lower rates with: Sweden (10%), Singapore (10%), Slovak Republic (10%)
Higher rates with: United States (10%), Vietnam (10%), South Africa (10%)
Turkey
Rank 2 of 37 active treaties (lowest rate = #1)
Lower rates with: Malaysia (0%)
Higher rates with: Czech Republic (10%), Israel (10%), Russia (10%)