I have been searching the forum for a definitive answer to my query but have not managed to find one thus decided to just make my own topic instead.
I am a UK Investor looking to invest in stocks in the following European Countries via T212:
Denmark (Not currently available on T212)
Finland (Not currently available on T212)
I am aware that the UK has ‘Double Taxation Treaties’ with them all stating that UK Investors are entitled to a specified witholding tax limit which in most of these countries is far less than what they normally take from you but my question is this:
Will T212, as my Brokerage, automatically fill in the necessary ‘Double Taxation’ Forms on my behalf or am I going to be taxed the higher taxation and have to manually request refunds every time I recieve capital gains/dividends from these Companies?
If it is the latter I will more than likely avoid investing in Euro-based Companies as that is a massive headache to have to deal with everytime I recieve any form of gains…
If the latter is true could we possibly use the workaround of adding the London Stock Exchange Tickers for the Euro-Based Companies to automate the process for us?
Adidas AG (LSE:0OLD)
Heineken NV (LSE:0O26)
Kone Oyj (LSE:0II2)
Novo Nordisk A/S (LSE:0QIU)
If the answer is yes then I am happy to put in a request to have these added to the queue to be added in due course.
Thanks in advance to anyone who can clear things up for me!