Last updated 2026-06-27
Telefónica SA (TEF)
Telefónica SA (TEF, ISIN ES0178430E18) is a Telecom company domiciled in Spain, which withholds 19.0% on dividends paid to non-resident investors. The table below shows the treaty result for each residence country. File Modelo 210 (IRNR) — Non-Resident Income Tax Refund Form (Spain) with the Agencia Tributaria (AEAT) when the result is claimable.
Worked example
You receive EUR1,000 in Telefónica SA dividends
Illustrative source-country withholding only. Your treaty rate and reclaimable amount depend on your residence country — see the table below.
How much can you reclaim, by residence country?
Spain withholds 19.0% on Telefónica SA dividends. The table shows the treaty result for each residence. Click a row for the full guide.
| Your residence | Treaty result | Reclaimable | |
|---|---|---|---|
| 🇸🇬Singapore | 5.0% | 14.0% | |
| 🇯🇵Japan | 5.0% | 14.0% | |
| 🇬🇧United Kingdom | 10.0% | 9.0% | |
| 🇺🇸United States | 15.0% | 4.0% | |
| 🇩🇪Germany | 15.0% | 4.0% | |
| 🇫🇷France | 15.0% | 4.0% | |
| 🇳🇱Netherlands | 15.0% | 4.0% | |
| 🇧🇪Belgium | 15.0% | 4.0% | |
| 🇨🇭Switzerland | 15.0% | 4.0% | |
| 🇮🇹Italy | 15.0% | 4.0% | |
| 🇸🇪Sweden | 15.0% | 4.0% | |
| 🇳🇴Norway | 15.0% | 4.0% | |
| 🇫🇮Finland | 15.0% | 4.0% | |
| 🇦🇹Austria | 15.0% | 4.0% | |
| 🇵🇹Portugal | 15.0% | 4.0% | |
| 🇮🇪Ireland | 15.0% | 4.0% | |
| 🇵🇱Poland | 15.0% | 4.0% | |
| 🇱🇺Luxembourg | 15.0% | 4.0% | |
| 🇦🇺Australia | 15.0% | 4.0% | |
| 🇨🇦Canada | 15.0% | 4.0% | |
| 🇩🇰Denmark | No treaty refund | Not applicable |
Which form do you file?
To reclaim Spain withholding tax on Telefónica SA dividends, you file Modelo 210 (IRNR) — Non-Resident Income Tax Refund Form (Spain) with the Agencia Tributaria (AEAT) (deadline: 4 years). See the full Spain reclaim guide.
Frequently asked questions
How much withholding tax is deducted from Telefónica SA dividends?
Spain withholds 19.0% at source on Telefónica SA (TEF) dividends paid to non-resident investors.
How much Telefónica SA withholding tax can I reclaim?
The most common treaty rate in this table is 15.0%. Your exact figure depends on your country of residence and the result shown in the table above.
Which form do I file to reclaim Telefónica SA withholding tax?
Modelo 210 (IRNR) — Non-Resident Income Tax Refund Form (Spain) — filed with the Agencia Tributaria (AEAT). The deadline is 4 years.
What is the ISIN for Telefónica SA?
Telefónica SA trades under ticker TEF with ISIN ES0178430E18, listed in Spain.
Own Telefónica SA? Calculate your reclaim
Tax Reclaim works out exactly how much Spain withholding tax you can recover and generates the filing-ready form.
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