Incorrect dividend?

[Vedran]

If Spain charges witholding tax, than sadly yes.

Here is the topic::

Total (FP) dividend question

@Xul We’re charging 28% because we’re also being charged 28% as the legal entity holding the assets on your behalf. The withholding tax rate for French-sourced dividends paid to non-resident beneficiaries is 28% for legal entities. We’re thinking of a workaround.