DIVIDEND INCOME
HOW DIVIDEND INCOME IS TAXED IN DIFFERENT COUNTRIES
Published By Akash Yadav
| 25 Jan, 2023
In India dividend income is taxed at individual's slab rates
In Japan dividend income is taxed at same rate as of capital gain tax 20.315%
In China dividend income is taxed at AT 20%, 50%-100% deduction for dividend from specified stock exchanges
In USA dividend income is taxed as qualified dividend (distributed by a US company) taxed as capital gains tax rate
In UK dividend income is taxed at individual's slab rate after deducting the personal and dividend allowance
Eligible dividend from a company resident in Canada has to be grossed up and added to ordinary income
In Australia dividend income is taxed in same way as of Canada
In UAE there is nothing like dividend income tax