Countries
Country Guides
Every market has its own tax rate, trading hours, currency and reporting habits. Each guide gathers what an American investor needs in one place, with every changeable figure linked to an official source.
All guides in this section
🇦🇺 Australia
Australia's market is dominated by big banks and miners, with healthcare, energy and real estate trusts filling much of the rest.
🇧🇷 Brazil
Brazil is Latin America's largest stock market, and it is concentrated in commodities, banks, utilities and a few consumer and industrial champions.
🇨🇦 Canada
Canada is the foreign market most American investors already own without thinking about it: its big banks, pipelines, railways and energy producers trade in Toronto and New York at the same time, in the same time zone.
🇫🇷 France
Paris is the euro area's largest equity market, anchored by global luxury houses, energy, pharmaceuticals, aerospace, banks and industrial gases.
🇩🇪 Germany
Germany's market is built around industrial exporters — autos, chemicals, machinery, software and insurance — that sell to the whole world from a high-cost home base.
🇮🇳 India
India is one of the largest emerging markets by value and among the most expensive by valuation, driven by domestic consumption, private banks, IT services and a deep pool of local retail investors.
🇯🇵 Japan
Japan is the largest developed equity market outside the U.S.
🇳🇱 Netherlands
Amsterdam punches above the size of the Dutch economy: its listings include a world-leading semiconductor equipment maker, major banks and insurers, consumer brands and technology investors.
🇨🇭 Switzerland
Switzerland's market is small in company count but dominated by a handful of global giants in pharmaceuticals, food, banking, insurance and luxury goods.
🇬🇧 United Kingdom
London is Europe's deepest equity market by number of large international companies, and its leaders lean toward energy, mining, banks, pharmaceuticals and consumer staples.
Withholding at a glance
| Country | Domestic rate | U.S. treaty cap | Documented U.S. investor | How you get that rate |
|---|---|---|---|---|
| 🇦🇺 Australia | 30% | 15% | 15% | Relief at source; franked dividends 0% |
| 🇧🇷 Brazil | 10% | No treaty | 10% | Final; no treaty relief available |
| 🇨🇦 Canada | 25% | 15% | 15% | Relief at source through your broker |
| 🇫🇷 France | 12.8% | 15% | 12.8% | Form 5000 relief at source, or reclaim |
| 🇩🇪 Germany | 26.375% | 15% | 15% | Reclaim from the BZSt online portal |
| 🇮🇳 India | 20.8% | 25% | 20.8% | Domestic rate is already below the cap |
| 🇯🇵 Japan | 15.315% | 10% | 10% | Relief at source for most ADRs |
| 🇳🇱 Netherlands | 15% | 15% | 15% | Already withheld at the treaty rate |
| 🇨🇭 Switzerland | 35% | 15% | 15% | Reclaim from the ESTV on Form 82 I |
| 🇬🇧 United Kingdom | 0% | 15% | 0% | Nothing withheld on ordinary dividends |
Rates change; each country page links to its official sources. See the full withholding guide.