3Lun·

A question for the Norway investors who, for example, invest in $YAR (+0,55 %) invest:


How much work do you have to do to get the withholding tax back from Norway every year? With applications and certificates as well as waiting for the money and possibly answering queries? Does it take a lot of time?


I am thinking about investing, but this 25% withholding tax that is not offset and has to be paid on top of the capital gains tax. This 25% withholding tax, which is not offset and has to be paid on top of the capital gains tax, scares me off too much and I would only invest enough to get maybe €100-150 in dividends and whether I really want to go through the bureaucratic effort for €25-50 withholding tax, if it is high, for a few dozen euros and not rather put it somewhere else where I can save it.

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I was looking for information myself a few weeks ago and found this:

https://aktienbaum.de/aktien/quellensteuer-norwegen/
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Applying online is quicker than by letter. The Scandinavians are better positioned in this respect 😆😉 Obtain a certificate of residence from the German tax office. Add all statements from your custodian bank. Wait 3 to 9 months. And you don't necessarily have to do this every year if you don't need the money
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You can write 3 years on ONE application 😏
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