Dividend tax · United States investor → Spain dividends
United States investor receiving Spain dividends: 15% withholding
If you're a United States resident receiving dividends from a Spain-domiciled company, the Spain tax authority withholds 15% at source under US-Spain Tax Treaty (as amended by 2013 Protocol), Article 10 (Dividends). The statutory non-treaty ceiling is 19% — the bilateral treaty saves you 4 percentage points. Verified 2026-04-19.
Per $100 gross dividend
$85.00 net
$15.00 withheld at source
Treaty rate
15%
vs 19% statutory (saves 4pp)
Verification state
verified
last verified 2026-04-19
Treaty reference
US-Spain Tax Treaty (as amended by 2013 Protocol), Article 10 (Dividends)
15% on portfolio dividends under the amended treaty; 0% may apply to qualified pensions.
Source citation
IRS Publication 901 Table 1 (Spain row, Dividends column)
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.