Dear gq community,
There are a lot of reports about great titles and good buys, but the sale and the reasons behind it are sometimes neglected.
So here's a short post from me today.
I have decided to liquidate my position of $INSTA (-0,4 %) and have taken a profit of just under 10% after the share has fallen more and more in recent days.
However, this was not the main reason. As a small investor, I have not invested large amounts in individual stocks and the dividends are therefore quite low, but I am still pleased.
What I couldn't be happy about at all, however, was the last dividend payment from $INSTA (-0,4 %) .
I received a dividend of just under €38, of which €18 remained after tax.
Yes, I know I could get the foreign withholding tax back, but the effort involved is not small.
That's why I'm now going to gradually get rid of all the shares in my portfolio where I would have to actively take care of reclaiming the tax, i.e. all shares from countries that don't have a tax treaty with Germany.
Am I the only one who thinks this way or do you not care or do you make the effort to reclaim withholding tax from countries like France, Italy or Norway?
