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