What is the dividend withholding rate between India and Slovak Republic?
Under the India-Slovak Republic 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 10% across India's 48 active treaty partners, and 15% across Slovak Republic's 29 active partners.
Network Comparison
India
Rank 43 of 48 active treaties (lowest rate = #1)
Lower rates with: Pakistan (15%), Portugal (15%), Singapore (15%)
Higher rates with: Turkey (15%), Philippines (20%), Thailand (20%)
Slovak Republic
Rank 24 of 29 active treaties (lowest rate = #1)
Lower rates with: Hungary (15%), Ireland (15%), Israel (15%)
Higher rates with: Italy (15%), Japan (15%), Norway (15%)