@Investment4Life I only have Coupang and sk Hynix, and the dividend on Hynix is minimal. It's not worth the effort. But I can't tell you exactly what the process is like in South Korea.
@Investment4Life Strangely enough, very few robotics stocks are currently delivering hardly any performance. Investors do not seem to believe in them yet and have not recognized the potential. As with $TNC$6954 or $SERV
@Investment4Life It is not worth the effort, or only when it comes to dividends of several thousand euros. 20% withholding tax of which 15% is offset against the German tax.
Example from Deutsche Bank: Dividend amount € 1,000 from Korea
Withholding tax: 200€
of which creditable: 150€
reclaimable: 50€
After deducting €19.95 for the booking of the foreign credit plus x.xx € foreign expenses and €9.95 exchange fees WON/EUR and document printing costs and postage costs, there is practically nothing left for your own work and the personal run to the tax office of your place of residence due to the official seal and certificate of residence.
@Der_Dividenden_Monteur I almost thought so. And I'm sure it will take a very long time for the refund to be made. In Italy, people often wait until they die, and the applications usually disappear into the wastepaper basket.