Overall statutory tax rates on dividend income- reports effective statutory tax rates on distributions of domestic source income to a resident individual shareholder, taking account of corporate income tax, personal income tax and any type of integration or relief to reduce the effects of double taxation.
- PIT: Personal Income Tax
- CIT: Corporate Income Tax
- CL - Classical system (dividend income is taxed at the shareholder level in the same way as other types of capital income (e.g. interest income)
- MCL - Modified classical system (dividend income taxed at preferantial rates (e.g. compared to interest income) at the shareholder level.
- FI - Full imputation (dividend tax credit at shareholder level for underlying corporate profits tax)
- PI - Partial imputation (dividend tax credit at shareholder level for part of underlying corporate profits tax)
- PIN - Partial inclusion (a part of received dividends is included as taxable income at the shareholder level)
- SR - Split rate system (distributed dividends are taxed at higher rates than retained earnings at the corporate level)
- NST - No shareholder taxation of dividends (no other tax than the tax on corporate profits)
- CD - Corporate deduction (corporate level deduction, fully or partly, in respect of dividend paid)
- OTH - Other types of systems
Further Explanatory Notes can be found in the 'corporate and capital income tax' document on the Tax Database webpage.