Incorrect dividend?

[Vedran]

Hi @wdavis,

There was discussion about dividend and taxes, I seen Bayer mentioned as well. As I don’t own German companies I never researched for witholding tax.

But i think they mentioned it:

Dividend Taxation Query

Hello @R0k. For some reason this seems a bit extreme to me but I might well be looking at this incorrectly. Wouldn’t a €2 dvidend in GER equal to the Raw dividend payable amount minus Witholding Tax amount (26.375% of payable amount), followed by a currency exchange and from that deducting the equivelant UK dividend tax? (according to personal tax class) So according to the above that would be: GER payable amount: €2 - (€2 x 0.26375) = €1.4725 UK taxable amount: €1.4725 x 0.88 £/€ = £1.296…

You should have under Bayer > History > Dividend, details about how much was payable…

Difference between Payable and declared should/might be witholding tax…