1Wk·

Withholding tax Netherlands

Question for the community:

I am considering adding the $TDIV (+1.04%) into my portfolio. However, I have read on several sites that the Dutch withholding tax is not credited against the capital gains tax in Austria. This means that a total of 42.5% tax is payable on distributions.

Does anyone have any experience with this?

7 Comments

Florian@FLA

1Wk

I can confirm this

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Gerald@Irlandfan

1Wk

@FLA I was of the opinion that the Netherlands has a withholding tax of 15%, and due to the double tax treaty with Austria, 15% is credited against the Austrian withholding tax of 27.5%, i.e. a total of 27.5% (15% withholding tax + 12.5% withholding tax). This is only my incomplete knowledge, not tax advice. May be wrong. I have no shares from NL so far.

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Florian@FLA

1Wk

@Irlandfan I have just checked my dividend statement from December at Flatex. The total tax there was around 42%

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Gerald@Irlandfan

1Wk

@FLA Is it possible that Flatex does not care about the double tax treaty?

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