What is the dividend withholding rate between Italy and Mexico?
Under the Italy-Mexico tax treaty, the withholding rate on dividends is 15% for portfolio investors (general rate). A reduced rate of 15% 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 Italy's 47 active treaty partners, and 15% across Mexico's 24 active partners.
Network Comparison
Italy
Rank 33 of 47 active treaties (lowest rate = #1)
Lower rates with: Japan (15%), South Korea (15%), Luxembourg (15%)
Higher rates with: Netherlands (15%), Norway (15%), New Zealand (15%)
Mexico
Rank 17 of 24 active treaties (lowest rate = #1)
Lower rates with: Spain (15%), France (15%), United Kingdom (15%)
Higher rates with: Japan (15%), South Korea (15%), Netherlands (15%)