What is the dividend withholding rate between Indonesia and Turkey?
Under the Indonesia-Turkey 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 Indonesia's 31 active treaty partners, and 15% across Turkey's 37 active partners.
Network Comparison
Indonesia
Rank 25 of 31 active treaties (lowest rate = #1)
Lower rates with: Poland (15%), Sweden (15%), Singapore (15%)
Higher rates with: United States (15%), Vietnam (15%), South Africa (15%)
Turkey
Rank 20 of 37 active treaties (lowest rate = #1)
Lower rates with: United Kingdom (15%), Greece (15%), Hungary (15%)
Higher rates with: India (15%), Italy (15%), Japan (15%)