@Gep75 In regards to the IAG dividend - it was canceled.
Thank you.
Do you have the answer about taxation of dividends or return of capital from USA based MLP companies?
Awesome, thanks a lot for sorting it quickly.
Hi all,
is thera a tax report or dividend statement function/history already available? Before I use T212, I need to be sure that a reliable tax or dividend reporting is in place, as I need to make a proper tax clarification in my country.
Thanks
Yes, we are in September and I am also worried about this since T212 has not said anything about it for quite some time.
@David, care to give us a status update?
Company DHT Holdings, Inc. (DHT) paid dividend on the 2nd September, but for now I did not get it on my account. When will be the dividend transferred?
I have just got the mentioned dividend from Company DHT Holdings, Inc. (DHT) on my account in amount of 0.41USD, the gross amount is 0.48USD per share. That means, that 15% withholding tax was taken, but as far as I know the company is registered on Bermuda and they do not have withholding tax on dividends or maybe I am wrong?
And, yes reports where is exactly defined amount of gross dividend per share and already payed withholding tax in original currency is what we need for taxation authorities in our countries.
Hi Team,
Can someone check about withholding tax on dividends for Bermuda based companies?
Thanks
I will have to file my 2020 taxes util January 15th '21, so hopefully there will be some update in the coming months.
Any news on this document? There is no escaping taxes so this means there is no escape for T212 official tax document!
bump up Still important Topic. I would be happy with any news on this. (like OK, working on it, or no - we will not implement anything, or yes, it will be here on XX.XX.XXX)
Thanks
I would think it is not that difficult to add those details. The stockbroker must have them.
I know Revolut Trading (through Drivewealth) gives monthly statements with dividends paid that include withholding tax.
The attached example is from a low fee spanish broker (Ninety Nine) and includes who paid and how much. Currencies, exchange rates, witholding tax (15%) as well as in this case spanish tax (19%) are also detailed. They produce one of this for every dividend paid.
T212 must prepare something similar.
I agree - we need this for our tax returns. It sounds a bit petty, but unfortunately it’s stopping me from using T212 as my main broker.
While Degiro’s overview doesn’t show specific shares, it does show the information per country, which is pretty much all one needs for their tax return.
Still love the platform though.
Hopefully we can see something like this soon. Maybe even in 2020? It’s essential when it comes to doing your taxes. Some countries demand these details for tax purposes and we pretty much can’t do without them…
already October, Trading 212 team is ignoring this request for months now.
if you gave us an honest answer this would be much easier to deal with. good or bad is always better to know the truth.
@Team212 Any updates on this feature’s progress?
Bump up.
Any updates on the gross dividend / taxes paid in dividends? Date we all hate is getting close.
Could it be this? We have to wait and see.
Oh that looks very nice. I hope it includes gross dividends as well
Hi,
Today I have got the following amount as dividend or return of capital:
On 01.10.2020 British American Tobacco plc ADR(BTI) distributed a return of capital of $0.1 per share.
On the 19.11.2020. I have also got the following dividend:
On 01.10.2020 British American Tobacco plc ADR(BTI) distributed an ordinary dividend of $0.59 per share.
On the BTI page there is a dividend in the amount of 0.69USD with Ex date 01 Oct 2020 and Payment date 17 Nov 2020.
I suppose that $0.59 per share is a net amount of $0.69 dividend and the withholding tax of 15% has been deducted.
I do not know what is $0.1 per share? Maybe you have paid me back withholding tax of 15%.
Can anyone from the T212 team explain what those amounts are?
Also I have got a similar question about dividends that I have got from DHT Holdings.
On the 30th November I got a dividend from DHT Holdings in gross amount 0,2USD per share.
On the 7th September I got a dividend in the amount of 0,41USD per share instead of 0,48USD per share from the same company DHT Holdings.
It is a Bermuda based company and it is under the Britain tax laws. Can you explain why I have got less dividend on the 7th September?
When will you provide dividend reports with the declared gross amount of dividend and amount of withholding tax if it was deducted?