What is the dividend withholding rate between Indonesia and Norway?
Under the Indonesia-Norway tax treaty, the withholding rate on dividends is 15% 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 15% rate compares to a median of 15% across Indonesia's 31 active treaty partners, and 15% across Norway's 40 active partners.
Network Comparison
Indonesia
Rank 19 of 31 active treaties (lowest rate = #1)
Lower rates with: Japan (15%), South Korea (15%), Netherlands (15%)
Higher rates with: New Zealand (15%), Pakistan (15%), Poland (15%)
Norway
Rank 22 of 40 active treaties (lowest rate = #1)
Lower rates with: France (15%), United Kingdom (15%), Greece (15%)
Higher rates with: Ireland (15%), Italy (15%), Japan (15%)