Currently the dividend notification presents incorrect information to your users when withholding tax is involved.
The notification says:
{stock}
distributed an ordinary dividend of{amount_after_tax}
per share. You have received{amount_converted_to_user_currency}
.
This creates a false statement because the “ordinary dividend” was amount_before_tax
, not after tax. The company did distribute amount_after_tax
to non-residents, however that is not the ordinary dividend, right?
It would also be great if we could have a breakdown of dividend payments so that we can see how the calculations were made.
| Stock | Div. Per Share | Tax | Conversion Rate | No. Shares | Total Paid |
|-------|----------------|-----|-----------------|------------|------------|
Something like that would eliminate any confusion whatsoever.