Dividend tax · United States investor → Switzerland dividends

United States investor receiving Switzerland dividends: 15% withholding

If you're a United States resident receiving dividends from a Switzerland-domiciled company, 1996 US-Switzerland Tax Treaty, Article 10 caps the Switzerland tax at 15%, against a non-treaty rate of 35%. How you get the lower rate depends on Switzerland and your broker: some countries apply it at source once the relief paperwork is filed, others withhold the full 35% first and refund the difference on a reclaim. Verified 2026-04-19.

Per $100 gross dividend

$85.00 net

$15.00 tax after treaty relief

Treaty rate

15%

vs 35% statutory (saves 20pp)

Verification state

verified

last verified 2026-04-19

Treaty reference

1996 US-Switzerland Tax Treaty, Article 10

15% on portfolio dividends. Switzerland's statutory 35% is reduced via refund (Form 82 series) or at-source with a qualified intermediary.

Source citation

1996 US-Switzerland Tax Treaty, Article 10: the Article 10 cap on portfolio dividends applies to dividends paid by a company resident in either country, so the same 15% limits Switzerland's tax on dividends paid to U.S. residents. Cross-check: IRS Publication 901 Table 1 (Switzerland row, Dividends column) lists the same rate for the U.S. side.

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.

United States resident tax treatment

U.S. persons taxed on worldwide dividend income; qualified dividends at 0/15/20%; ordinary dividends at ordinary rates; foreign tax credit may offset foreign withholding.

Other payer countries for United States investors

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Other investor countries receiving Switzerland dividends

Switzerland0%

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