What do you mean without any withholding tax? That is settled where the domicile is. If I hold this in my custody account in DE, I have to pay capital gains tax anyway if I exceed the flat-rate amount in aggregate?
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@Cybershot94 Capital gains tax is of course already due in DE. However, the withholding tax in the U.K. is 0%. Thus, no taxes are due there. A counterexample: In France the withholding tax is 30% of which only 15% is credited to the German capital gains tax. The remainder would have to be recovered from the French tax authorities by means of a considerable hick-hack.
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To the point @Salamistar 💪🏻
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