What is the dividend withholding rate between Hungary and Norway?
Under the Hungary-Norway 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 15% across Hungary's 31 active treaty partners, and 15% across Norway's 40 active partners.
Network Comparison
Hungary
Rank 9 of 31 active treaties (lowest rate = #1)
Lower rates with: Italy (10%), Japan (10%), South Korea (10%)
Higher rates with: Poland (10%), Russia (10%), Singapore (10%)
Norway
Rank 1 of 40 active treaties (lowest rate = #1)
Higher rates with: India (10%), Romania (10%), Russia (10%)