When you receive a dividend from a company you pay a withholding tax. Withholding tax is a tax imposed by the authorities of the country where the company paying out the dividend is headquartered. Each country has their own withholding tax rates and regulations. Clients at BUX receive net dividends on their accounts, which means the withholding tax has already been withheld.
Country (of the company) | Tax rate (Treaty) | Tax rate (Non-Treaty) |
The Netherlands | - | 15% |
Belgium | - | 30% |
Austria | - | 27.5% |
Germany | - | 26.375% |
US | 15%* | 30% |
France | - | 25% |
| Spain | - | 19% |
| Italy | - | 26% |
*All BUX clients automatically qualify for the tax treaty with the US. Therefore, only 15% withholding tax is withheld from US dividend payments.