Marzio 👁️ Quiet Authority Aug 18, 2019 3,103 0 161 Dec 22, 2022 #21 So instead of taxing dividend distribution at 20% they will give you a 10% tax credit for 10% US WHT so that you end up paying 20% total? Nice!
So instead of taxing dividend distribution at 20% they will give you a 10% tax credit for 10% US WHT so that you end up paying 20% total? Nice!
Don 💼 Established Presence Dec 19, 2020 1,694 0 161 Dec 22, 2022 #22 yes, and it works the same way with dividends from US stocks (in this case you usually get a tax credit of 15% due to the higher WHT), so it's less than some tax-free countries which otherwise have 30% US WHT.
yes, and it works the same way with dividends from US stocks (in this case you usually get a tax credit of 15% due to the higher WHT), so it's less than some tax-free countries which otherwise have 30% US WHT.