Dividend Tax Rates in Europe

Dividend Tax Rates in Europe

Net Top Statutory Dividend Tax Rate Paid at the Shareholder Level in 35 Major European Countries, 2024

CountryNet Top Statutory Dividend Tax Rate Paid at the Shareholder LevelRank

Austria27.50%12

Belgium30.00%7

Bulgaria5.00%30

Croatia12.00%25

Cyprus17.00%22

Czech Republic23.00%16

Denmark42.00%2

Estonia0.00%33

Finland28.90%9

France34.00%5

Georgia5.00%30

Germany26.38%13

Greece5.00%30

Hungary15.00%23

Iceland22.00%18

Ireland51.00%1

Italy26.00%14

Latvia0.00%33

Lithuania15.00%23

Luxembourg21.00%19

Malta0.00%33

Moldova6%29

Netherlands33.00%6

Norway37.84%4

Poland19.00%21

Portugal28.00%10

Romania8.00%27

Slovakia10.00%26

Slovenia25.00%15

Spain28.00%10

Sweden30.00%7

Switzerland22.16%17

Turkey20.00%20

Ukraine6.50%28

United Kingdom39.35%3

Note: All types of reliefs and gross-up provisions at the shareholder level are taken into account.Source: OECD, “Combined (corporate and shareholder) statutory tax rates on dividend income” and PwC, “Worldwide Tax Summaries.”

Data compiled by Cristina Enache