Hi Gep75, just checking if you got anywhere with this?
Tax season is around the corner and the situation you had matches the one I also have: dividend has been paid as ROC, despite in their EPD’s investors site it is defined as Cash Dividend.
Any feedback is apreciated.
Hello there, for the ones who still have questions about dividends taxation I think that it might be useful to know that only ORDINARY and BONUS dividends are taxed. The RETURN OF CAPITAL and DEMERGER are not taxed because basically the company return to you part of the money you invested. So if the platform does indicate 0% tax on a ROC dividend that’s the reason.
Now I have another problem, I know the W8-BEN is filled once the account is made but in Romania, the authorities demand proof for the money retained at the source.
So I ask for help in this question, what is that proof because I have to provide it to authorities otherways still have to pay tax for dividends.
Yeah well some of us just got taxed 21% today. Still trying to figure out why.
To answer that question, i think contacting the support through the in-App chat is the best way to go, as it is more or less account specific.
If it yields any useful results, please post them here for people in your same situation to have some form of guideline, or through a new topic on the forum.
I received a couple of dividends and I realized that I need proof of paying foreign tax on them. Does anyone know how to get it?
You can send request to T212 that you need a report of your trading account for specific year.
There are two reports:
-report with all transactions on your account
-report that summarize your account like gain/loss, dividends payed
Unfortunately, one year ago when I send request to get report for year 2020 there was no information about tax being paid for dividends, there was only dividend net amount. I hope that they improved it.
Happy day @buger29