What is the dividend withholding rate between United Kingdom and Mexico?
Under the United Kingdom-Mexico tax treaty, the withholding rate on dividends is 15% for portfolio investors (general rate). A reduced rate of 0% 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 United Kingdom's 54 active treaty partners, and 15% across Mexico's 24 active partners.
Network Comparison
United Kingdom
Rank 38 of 54 active treaties (lowest rate = #1)
Lower rates with: Lithuania (15%), Luxembourg (15%), Latvia (15%)
Higher rates with: Malaysia (15%), Nigeria (15%), Netherlands (15%)
Mexico
Rank 16 of 24 active treaties (lowest rate = #1)
Lower rates with: Germany (15%), Spain (15%), France (15%)
Higher rates with: Italy (15%), Japan (15%), South Korea (15%)