Germany MOF Explains Taxation on Stock Dividends Under DTA With China

The German Ministry of Finance March 31 posted online Letter No. 2022/0342138, explaining dividend tax withholding under the 2014 DTA with China. The letter explains that: 1) dividends from stocks traded in China and held longer than one year are subject to a 20 percent dividend withholding tax; 2) dividends from stocks traded in China and held between one month and one year are subject to a 10 percent dividend withholding tax; 3) Chinese company dividends paid in foreign currency to non-residents aren’t subject to withholding tax; and 4) Chinese company dividends for shares listed on the stock exchanges in ...