πŸ‡ΈπŸ‡ͺβ†”πŸ‡ΈπŸ‡¬

What is the dividend withholding rate between Sweden and Singapore?

Under the Sweden-Singapore tax treaty, the withholding rate on dividends is 15% for portfolio investors (general rate). A reduced rate of 5% 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 Sweden's 44 active treaty partners, and 15% across Singapore's 42 active partners.

Network Comparison

Sweden

Rank 39 of 44 active treaties (lowest rate = #1)

Lower rates with: Pakistan (15%), Poland (15%), Russia (15%)

Higher rates with: Thailand (15%), Turkey (15%), United States (15%)

Singapore

Rank 39 of 42 active treaties (lowest rate = #1)

Lower rates with: Norway (15%), New Zealand (15%), Pakistan (15%)

Higher rates with: Turkey (15%), United States (15%), Philippines (25%)

Sources

Data last reviewed: 2026-04-07

Important: Treaty rates require proper claim forms (e.g., IRS Form W-8BEN for U.S. treaties, HMRC DT-Individual for U.K. treaties, CRA Form NR301 for Canadian treaties) filed before payment. Limitation on Benefits (LOB) provisions may restrict eligibility. A 0% withholding rate does not mean no tax β€” the residence country may still tax the income. This is not tax advice.

Related Questions: Sweden - Singapore