What is the dividend withholding rate between Denmark and Russia?
Under the Denmark-Russia tax treaty, the withholding rate on dividends is 10% 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 10% rate compares to a median of 15% across Denmark's 36 active treaty partners, and 10% across Russia's 27 active partners.
Network Comparison
Denmark
Rank 3 of 36 active treaties (lowest rate = #1)
Lower rates with: China (10%), Portugal (10%)
Higher rates with: Australia (15%), Canada (15%), Switzerland (15%)
Russia
Rank 6 of 27 active treaties (lowest rate = #1)
Lower rates with: China (10%), Cyprus (10%), Czech Republic (10%)
Higher rates with: Hungary (10%), India (10%), Italy (10%)