Comments on: Foreign Dividend Taxes http://www.incomefromdividends.com/264/foreign-dividend-taxes Dividend Stock Investing For Passive Income And Financial Freedom Fri, 21 Oct 2011 02:20:09 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: dave http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-4075 dave Fri, 24 Jun 2011 12:34:21 +0000 http://www.incomefromdividends.com/?p=264#comment-4075 Do you have a list of countries THAT DO NOT TAX DIVIDENDS ON FOREIGN HOLDERS OF THEIR STOCKS ? If you don't carry alist like this, any idea where I can find one ? Thanks. Do you have a list of countries THAT DO NOT TAX DIVIDENDS ON FOREIGN HOLDERS OF THEIR STOCKS ?
If you don’t carry alist like this, any idea where I can find one ?

Thanks.

]]> By: Incomefromdividends http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-1793 Incomefromdividends Sat, 08 Jan 2011 06:29:40 +0000 http://www.incomefromdividends.com/?p=264#comment-1793 <strong>Incomefromdividends...</strong> [...] something about incomefromdividends[...]... Incomefromdividends…

[...] something about incomefromdividends[...]…

]]> By: careholder http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-1082 careholder Wed, 08 Dec 2010 14:32:08 +0000 http://www.incomefromdividends.com/?p=264#comment-1082 Don't know if "the tax rates are getting higher in a few countries in the next few months" or not but ther's a lot of incorrect information in the list above: USA 30 % Australia 30 % Belgium 25 % 15 % Bulgaria 5 % Canada 25 % Chile 35 % !!! China 10 % - correct! Cyprus 15 % - non taxable!!!!! etc. ... If you want some good help you can visit THIS site ... Don’t know if “the tax rates are getting higher in a few countries in the next few months” or not but ther’s a lot of incorrect information in the list above:
USA 30 %
Australia 30 %
Belgium 25 % 15 %
Bulgaria 5 %
Canada 25 %
Chile 35 % !!!
China 10 % – correct!
Cyprus 15 % – non taxable!!!!!
etc. …

If you want some good help you can visit THIS site …

]]> By: Monthly Dividends http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-854 Monthly Dividends Sat, 04 Dec 2010 07:38:29 +0000 http://www.incomefromdividends.com/?p=264#comment-854 The tax rates are getting higher in a few countries in the next few months. The spectrum will change slightly. The tax rates are getting higher in a few countries in the next few months. The spectrum will change slightly.

]]> By: admin http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-44 admin Tue, 27 Jul 2010 10:44:47 +0000 http://www.incomefromdividends.com/?p=264#comment-44 Hi Richard, I am pretty sure the tax rates above are valid for EU residents. I am, after your comment, less sure about US residents. I have made some changes in the post to show this. What I have found so far concerning French holding rates for US residents is the US Tax Liability On Dividends From ADRs (https://www.adr.db.com/drweb/public/en/docs/US_Tax_Liability_on_2009_ADR_Dividends_WP.pdf) and the French Tax On Income From Dividends (http://www.franceaccountants.com/tax.html#Income). Since the latter seems to be 18 %, the US must have been unfortunate in the negotiations to reach an agreement on 25 %! Hi Richard,

I am pretty sure the tax rates above are valid for EU residents. I am, after your comment, less sure about US residents. I have made some changes in the post to show this.

What I have found so far concerning French holding rates for US residents is the US Tax Liability On Dividends From ADRs (https://www.adr.db.com/drweb/public/en/docs/US_Tax_Liability_on_2009_ADR_Dividends_WP.pdf) and the French Tax On Income From Dividends (http://www.franceaccountants.com/tax.html#Income). Since the latter seems to be 18 %, the US must have been unfortunate in the negotiations to reach an agreement on 25 %!

]]> By: Richard Bartels http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-43 Richard Bartels Tue, 27 Jul 2010 08:37:46 +0000 http://www.incomefromdividends.com/?p=264#comment-43 What is the with holding rate for France. I seem to get conflicting information. Is it 15% or 25% (for individuals; i.e., US citizens)? What is the with holding rate for France. I seem to get conflicting information. Is it 15% or 25% (for individuals; i.e., US citizens)?

]]> By: admin http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-20 admin Thu, 22 Jul 2010 21:31:20 +0000 http://www.incomefromdividends.com/?p=264#comment-20 Thanks for the heads up Tommy! I will add Singapore with a 0 % tax rate for foreign shareholders and we'll see if anyone objects. You are right about the final dividend tax being 30 % on a share from Singapore in Sweden anyway. The Swedish tax authority adds the difference between what the foreign tax authority taxed you and 30 % (which is the capital income tax rate in Sweden). So, if the dividend tax is 0 % in Singapore, the Swedish tax authority taxes you 30 % for that income in Sweden. If the foreign dividend tax had been 15 %, another 15 % would have been taxed in Sweden and so on. I will add a paragraph similar to this one to the text above. As you may know, one way to avoid this is to invest through a capital insurance. But then you have to pay 1 % in tax annually on the portfolio value, regardless if that value has gone up or down during the last year. Personally, I have my Swedish shares inside a capital insurance and my foreign shares in an ordinary stock deposit. I do not want to pay both the foreign dividend tax and the portfolio value tax! Thanks for the heads up Tommy! I will add Singapore with a 0 % tax rate for foreign shareholders and we’ll see if anyone objects.

You are right about the final dividend tax being 30 % on a share from Singapore in Sweden anyway. The Swedish tax authority adds the difference between what the foreign tax authority taxed you and 30 % (which is the capital income tax rate in Sweden). So, if the dividend tax is 0 % in Singapore, the Swedish tax authority taxes you 30 % for that income in Sweden. If the foreign dividend tax had been 15 %, another 15 % would have been taxed in Sweden and so on. I will add a paragraph similar to this one to the text above.

As you may know, one way to avoid this is to invest through a capital insurance. But then you have to pay 1 % in tax annually on the portfolio value, regardless if that value has gone up or down during the last year. Personally, I have my Swedish shares inside a capital insurance and my foreign shares in an ordinary stock deposit. I do not want to pay both the foreign dividend tax and the portfolio value tax!

]]> By: Tommy http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-19 Tommy Thu, 22 Jul 2010 21:06:11 +0000 http://www.incomefromdividends.com/?p=264#comment-19 You are missing Singapore on the list. However I think that singapore has the same as Greece cos Singapore has implemented a one-tier corporate tax system so the tax paid by the company is the final one. See iras for more information: http://www.iras.gov.sg/irasHome/page04.aspx?id=1396 However if you own Singapore stocks in other countries like sweden you still have to pay 30% taxes here in Sweden. Cheers //Tommy You are missing Singapore on the list. However I think that singapore has the same as Greece cos Singapore has implemented a one-tier corporate tax system so the tax paid by the company is the final one. See iras for more information:
http://www.iras.gov.sg/irasHome/page04.aspx?id=1396

However if you own Singapore stocks in other countries like sweden you still have to pay 30% taxes here in Sweden.

Cheers

//Tommy

]]> By: admin http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-18 admin Wed, 21 Jul 2010 16:47:01 +0000 http://www.incomefromdividends.com/?p=264#comment-18 You are both right, and I believe I am too. Why? Due to my reminder above: "Keep in mind, though, that there may be other regulations for what dividend tax you have to pay as a resident (not just a foreign shareholder) in the country." That is, in Sweden the tax on dividends for residents is 30 %. But the "coupon tax" that foreign shareholders pay on dividends from Swedish shares is 15 %. However, this also depends on whether there is a tax agreement between the country of residence for the shareholder and the country where the share is traded. Read more (in Swedish) here: http://www.avdragslexikon.se/avdrag/KUPONGSKATT/ You are both right, and I believe I am too. Why? Due to my reminder above: “Keep in mind, though, that there may be other regulations for what dividend tax you have to pay as a resident (not just a foreign shareholder) in the country.”

That is, in Sweden the tax on dividends for residents is 30 %. But the “coupon tax” that foreign shareholders pay on dividends from Swedish shares is 15 %. However, this also depends on whether there is a tax agreement between the country of residence for the shareholder and the country where the share is traded. Read more (in Swedish) here: http://www.avdragslexikon.se/avdrag/KUPONGSKATT/

]]> By: Sweden http://www.incomefromdividends.com/264/foreign-dividend-taxes/comment-page-1#comment-17 Sweden Wed, 21 Jul 2010 16:21:27 +0000 http://www.incomefromdividends.com/?p=264#comment-17 Same with norway, 30% not 15% Same with norway, 30% not 15%

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