What is the dividend withholding rate between Philippines and Sweden?
Under the Philippines-Sweden 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 Philippines's 28 active treaty partners, and 15% across Sweden's 44 active partners.
Network Comparison
Philippines
Rank 15 of 28 active treaties (lowest rate = #1)
Lower rates with: Netherlands (15%), Norway (15%), New Zealand (15%)
Higher rates with: Turkey (15%), Vietnam (15%), Indonesia (20%)
Sweden
Rank 35 of 44 active treaties (lowest rate = #1)
Lower rates with: Netherlands (15%), Norway (15%), New Zealand (15%)
Higher rates with: Pakistan (15%), Poland (15%), Russia (15%)