What is the dividend withholding rate between Australia and Mexico?
Under the Australia-Mexico 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 Australia's 48 active treaty partners, and 15% across Mexico's 24 active partners.
Network Comparison
Australia
Rank 30 of 48 active treaties (lowest rate = #1)
Lower rates with: Japan (15%), South Korea (15%), Luxembourg (15%)
Higher rates with: Malaysia (15%), Netherlands (15%), Norway (15%)
Mexico
Rank 9 of 24 active treaties (lowest rate = #1)
Lower rates with: India (10%), Portugal (10%), United States (10%)
Higher rates with: Brazil (15%), Canada (15%), Switzerland (15%)