BorderFolio/Withholding by residence

US dividend withholding tax rates by country of residence

Last reviewed 31 August 2026

The rate the United States withholds from a dividend before it reaches you depends on where you are tax resident, not on where you bought the fund. Below is that rate for every country in the IRS treaty table, plus residences with no treaty in force. Each links to a page with the worked example, the documentation the rate depends on, the fund-domicile comparison and the US estate tax position.

Source

IRS Table 1, Tax Rates on Income Other Than Personal Service Income Under Chapter 3, Internal Revenue Code, and Income Tax Treaties (Rev. May 2023), column 6 — dividends paid by US corporations, general rate

Applies to

Portfolio dividends paid to an individual non-resident. IRS footnotes w, ff, mm and pp confirm the rate applies to dividends paid by a regulated investment company — which is what a US-domiciled ETF is

Estate treaty column

IRS estate & gift tax treaty list

Not included

Tax in your country of residence — the second of the two steps — which is not stated anywhere on these pages rather than guessed

Last reviewed

31 August 2026