Interest, unfranked dividends and royalties

If you are a foreign resident, tax is generally withheld in Australia from interest, unfranked dividends and royalties you earn in Australia.

You advise the Australian financial institution – your payer – that you are a foreign resident and they withhold tax in Australia at the time of payment. You won't need to declare this income in an Australian tax return. Your payer should withhold tax at the following rates:


Treaty countries

Non-treaty countries


Some agreements provide an exemption from withholding tax in certain circumstances.


Unfranked dividends

Most agreements reduce the rate to 15%.



Most agreements reduce the rate to 15%.


Tell your Australian payer your current overseas address so they can withhold the right rate of tax. If you don't, they may withhold tax at the higher rate of 49%.

Certificates of payment

If you need proof of payment of withholding tax to comply with the tax requirements of your own country, you can ask your payer to ask us for a certificate of payment.

See also:

Last modified: 06 May 2016QC 33221