Luxembourg investor receiving United States dividends: 15% withholding
If you're a Luxembourg resident receiving dividends from a United States-domiciled company, Article 10(2) (US-LU Income Tax Treaty) caps the United States tax at 15%, against a non-treaty rate of 30%. How you get the lower rate depends on United States and your broker: some countries apply it at source once the relief paperwork is filed, others withhold the full 30% first and refund the difference on a reclaim. Verified 2026-05-27.
Treaty reference
Portfolio (general) dividend rate per IRS Table 1. The lower direct/intercorporate rate (typically 5%) applies only for corporate holders of ≥10% voting stock; this is the rate retail/portfolio investors face.
Source citation
Treaty rates shown are typical statutory withholding rates for direct portfolio investment. Actual rates depend on holding period, ownership percentage, investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors. Consult a qualified tax professional for your specific situation.
Luxembourg resident tax treatment
Other payer countries for Luxembourg investors
See all payer countries for Luxembourg investors →Other investor countries receiving United States dividends
Reading for your research
Optional background reading on interpreting company disclosures and investing methods. These books do not validate a signal or predict returns.
Amazon affiliate links — as an Amazon Associate, HoldLens earns from qualifying purchases and membership trials at no extra cost to you. These are books we genuinely recommend. Not investment advice; always do your own research.