What is the dividend withholding rate between Indonesia and Mexico?
Under the Indonesia-Mexico 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 Indonesia's 31 active treaty partners, and 15% across Mexico's 24 active partners.
Network Comparison
Indonesia
Rank 3 of 31 active treaties (lowest rate = #1)
Lower rates with: China (10%), Hong Kong (10%)
Higher rates with: Malaysia (10%), Austria (15%), Australia (15%)
Mexico
Rank 4 of 24 active treaties (lowest rate = #1)
Lower rates with: Chile (10%), China (10%), Colombia (10%)
Higher rates with: Israel (10%), India (10%), Portugal (10%)