I just received my first USA dividends (AT&T) and I was just shocked that the only thing I received (in app only) was that didivend was 0.44$ per share and total amount in EUR.
What I must report to our national TAX agency (Slovenian FURS) is:
- brutto amount before TAX, in case of AT&T that is 0.52$ per share
- foreign tax paid, so that’s 0.078$ (that’s 15%)
But the only thing that’s visible inside app is 0.44$ which is 0.52$-0.078$ rounded to two digits.
I can’t report this, since I have no proof that any foreign tax was paid.
I can live with rounding and that no USD to EUR conversion is provided (which is provided if you buy or sell stock) but unfortunately dividend report is a deal breaker for me.
For me that’s unfortunately a deal-breaker and I see no other option but to sell everything and close the account.
Quote from T212: “we do not offer statements for dividends that have been received”.
How hard it is to provide a similar form for dividends as for buy / sell?
I just need: total brutto dividend amount in USD and total foreign tax paid in USD (I have to calculate this to EUR myself using ECB rate).
Is nobody else bothered by this? How do you manage taxes in your country? In Slovenia we have 27,5% tax on dividends, so we have to pay additional 12,5% in our country (because 15% was already paid in USA, but we have to prove this).