Enterprise Products Partners LP $0.07 per share

[JamesBond]

Hello
I’ve received $0.07 per share dividend on EPD. I think it supposed to be $0,44 - 15% tax.
Can I have help with this please?

[Vedran]

See following topic for clarification:

Dividend statement - foreign tax paid

You were right, Enterprise Products Partners dividend which was distributed in August should’ve been non-taxable. We’ve just made a correction & amendment was made to all of the affected clients. Could you confirm that?

[JamesBond]

Why it’s $0,07 per share?- I thought it should be $0,44 per share.

[Vedran]

Dividend statement - foreign tax paid

Hi. I have got recently dividend from EPD (MLP company). This time it was as ordinary dividend taxed 15% and not as return of capital. On 30.07.2020 Enterprise Products Partners LP(EPD) distributed an ordinary dividend of $0.38 per share. Gross amount of dividend was $0.445 per share. Does it mean that from now from all USA MLP companies we will receive ordinary dividends with 15% tax deduction? Can you confirm this so we do not have to worry about taxation and that we can purchase more stock …

T212 accidentally taxed 0.44$ 15%, paying 0.38$, the 0.07$ is difference 0.38+0.07 = 0.45$

[JamesBond]

ok, thanks.
I was also taxed 15% on:
AAPL (14/08/20)- IT SAYS: AMOUNT PER SHARE: $0,7
AT&T (4/08/20) - IT SAYS: AMOUNT PER SHARE: $0,44
JPM (3/08/20) - $0,77
KO (2/08/20) - $0,35
OGZD (21/08/20) - $0,33
O (17/07/20) - $0,2
O (17/08/20) - $0,2
PM (15/08/20) - $0,99
SPG (27/07/20) - $1,1
TOT (24/07/20) - $0,56
I know it’s small amounts,but if you add it up it will give quite a sum.
Could you guys sort it out for me please. Thank you

[Vedran]

those should be taxed 15% as ordinary dividend. nothing wrong there.

EPD is MLP, they pay distribution in form of return of capital, not sure about taxation on RoC but Ordinary dividends is normal 15% withholding. As withholding tax for US dividend is 30%, but most EU countries have treaty for 10-15% withholding.