Foreign Dividend Tax Basics Made Simple
Link Title
Link Short URL
Link Long URL
Description:
Banks or brokers often list dividend foreign tax withheld, dividend tax withholding, or dividend tax withheld on payment slips. These are amounts that never reached the investor because they were kept back and sent to tax authorities.
Some places use terms like dividend withholding, dividend withholding tax, or dwt tax, but they all refer to the same thing. It’s a slice of the dividend held back at source.
Markets apply different rules. Some impose a standard foreign dividend tax, while others use regional or treaty-based rules. This often leads to claims or credits later.
In South Africa, investors may see a rate of 20%, listed as south african dividend withholding tax.
Statements might show Withholding Tax on Dividends or withholding tax for dividends, depending on the broker or country. Either way, it reduces the amount paid into the account.
Keywords (Tags):
Created by:
topclickmedia
Created on:
Hits:
27
|