What are Publicly Traded Partnership securities (PTPs)?
Last updated March 28, 2025
PTPs, also known as publicly traded partnership securities, are limited partner shares of companies publicly available on a securities exchange for individuals to trade.
As a result of a U.S. tax regulation (U.S. Internal Revenue Section 1446(f)) which came into law on 01/01/2023, non-US investors will now be required to pay the withholding tax of 10% on the gross sale amount of Publicly Traded Partnership securities (PTP). Additionally, non-US investors will be subject to a 37% withholding tax on dividends for PTP securities.
You can find a list of affected PTPs here .
When you sell a PTP stock, 10% of the gross sale will be taken as tax by the U.S. government.
There will also be a 37% withholding tax on dividends you receive for PTP securities. Holders of PTP stocks that issue dividends are still eligible to receive dividends.