What is the dividend withholding rate between Slovak Republic and Turkey?
Under the Slovak Republic-Turkey tax treaty, the withholding rate on dividends is 10% for portfolio investors (general rate). A reduced rate of 5% 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 Slovak Republic's 29 active treaty partners, and 15% across Turkey's 37 active partners.
Network Comparison
Slovak Republic
Rank 10 of 29 active treaties (lowest rate = #1)
Lower rates with: Romania (10%), Russia (10%), Sweden (10%)
Higher rates with: Australia (15%), Belgium (15%), Canada (15%)
Turkey
Rank 7 of 37 active treaties (lowest rate = #1)
Lower rates with: Israel (10%), Russia (10%), Saudi Arabia (10%)
Higher rates with: United Arab Emirates (12%), Austria (15%), Australia (15%)