Can you please share what is the taxation on you on capital gains and dividends for this french company?
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@Dedp00l In Portugal, as a tax resident, both capital gains and dividends are generally taxed at a flat rate of 28%.
For capital gains, I pay 28% on the net profit when I sell the shares (sale price minus purchase price and transaction costs).
Regarding dividends from a French company like Vinci, France withholds 12.8% at source under the double taxation treaty. In Portugal, dividends are also taxed at 28%, but the tax already paid in France is credited.
So in practice, 12.8% is withheld in France and I pay the remaining 15.2% in Portugal, bringing the total effective tax to 28%.
For capital gains, I pay 28% on the net profit when I sell the shares (sale price minus purchase price and transaction costs).
Regarding dividends from a French company like Vinci, France withholds 12.8% at source under the double taxation treaty. In Portugal, dividends are also taxed at 28%, but the tax already paid in France is credited.
So in practice, 12.8% is withheld in France and I pay the remaining 15.2% in Portugal, bringing the total effective tax to 28%.
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@sdp_oxigen ufff, that's tough! Thank you for the info. In my country there is no tax on capital gain, and has 5%, so my in my broker's statement probably the dividend tax will be 12.8%, without paying any addition by my national tax agency.
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