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If you pay dividends to a foreign resident (that is, someone who is not an australian. The withholding tax rates may be reduced under a dta. The table below provides an indication of the rates of withholding tax applicable when an expatriate or foreign investor is based in a country with which australia has, or does not have,.
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The exact rate of withholding tax on dividends is set out in the double tax agreement (dta) or “tax treaty” that australia has in place with the overseas country you are. Assuming your structure is resident in australia, the starting point is that the withholding tax regime generally applies to interest, dividends and royalties derived by foreign residents,. Taxpayers who pay interest, dividends, or royalties to nonresidents may need to meet certain withholding tax requirements.
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Foreign shareholders do not receive a direct benefit for franking credits, under the australian imputation system.
Information about when and how much to withhold from dividends you pay to foreign residents. The australian taxation office (ato) released.
