What is the dividend withholding rate between Greece and India?
Under the Greece-India tax treaty, the withholding rate on dividends is 15% 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 15% rate compares to a median of 15% across Greece's 29 active treaty partners, and 10% across India's 48 active partners.
Network Comparison
Greece
Rank 19 of 29 active treaties (lowest rate = #1)
Lower rates with: United Kingdom (15%), Ireland (15%), Israel (15%)
Higher rates with: Italy (15%), Netherlands (15%), Norway (15%)
India
Rank 35 of 48 active treaties (lowest rate = #1)
Lower rates with: Egypt (15%), Spain (15%), United Kingdom (15%)
Higher rates with: Indonesia (15%), Italy (15%), South Korea (15%)