Debt securities - Double Taxation Treaties concluded by Spain and currently in force

09.11.2020

Note: LuxCSD provides these rates for information purposes only and does not assume liability in any case of error, omission or consequential damages. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.

The following listed details are applicable to Spanish corporate bonds not subject to RD 1145/2011.

As of 1 January 2016 the standard rate of withholding tax on interest is 19% before any refund.

The previous applicable standard withholding tax rates were:

From 1 January 2010 until 31 December 2011

19%

From 1 January 2012 until 31 December 2014

21%

From 1 January 2015 until 11 July 2015

20%

From 12 July 2015 until 31 December 2015

19.5%

CountryRate prescribed
by the DTT -
Interest (%)
Tax refund
available (%)

Albania

6

13

Algeria

5

14

Andorra

5

14

Argentina

12

7

Armenia

5

14

Australia

10

9

Austria

5

14

Barbados

0

19

Belarus

10

9

Belgium

10

9

Bolivia

15

4

Brazil

15

4

Bulgaria

0

19

Canada

10

9

Chile

15

4

China

10

9

Colombia

10

9

Costa Rica

10

9

Croatia

0

19

Cuba

10

9

Cyprus

0

19

Czech Republic

0

19

Dominican Republic

10

9

Ecuador

10

9

Egypt

10

9

El Salvador

10

9

Estonia

10

9

Finland

0

9

France

10

9

Georgia

0

19

Germany

0

19

Greece

8

11

Hong Kong

5

14

Hungary

0

19

Iceland

5

14

India

15

4

Indonesia

10

9

Iran

7.5

11.5

Ireland

0

19

Israel

10

9

Italy

0

19

Jamaica

10

9

Japan

10

9

Kazakhstan

10

9

Kuwait

0

19

Kyrgyzstan

0

19

Latvia

10

9

Lithuania

10

9

Luxembourg

10

9

Malaysia

10

9

Malta

0

19

Mexico

10

9

Moldova

5

14

Morocco

10

9

Netherlands

10

9

New Zealand

10

9

Nigeria

7.5

11.5

North Macedonia

5

14

Norway

10

9

Pakistan

10

9

Panama

5

14

Philippines

10

9

Poland

0

19

Portugal

15

4

Qatar

0

19

Romania

10

9

Russia

5

14

Saudi Arabia

5

14

Senegal

10

9

Serbia

10

9

Singapore

5

14

Slovakia

0

19

Slovenia

10

9

South Africa

5

14

South Korea

10

9

Sweden

0

19

Switzerland

0

19

Tajikistan

0

19

Thailand

15

4

Trinidad and Tobago

8

11

Tunisia

10

9

Turkey

15

4

Turkmenistan

0

19

Ukraine

0

19

United Arab Emirates

0

19

United Kingdom

0

19

United States of America

10

9

Uruguay

10

9

Uzbekistan

5

14

Venezuela

10

9

Vietnam

10

9