Up until recently, around septmeber, after my W8-BEN had been submitted, I was paying near to no tax on US Dividends due to the tax treaty between my country and the US. But since start of november suddenly I have gotten the 30% withholding tax deducted from my dividends and I have no idea why.
After having talked to various people in the help chat who failed to help me and still having gotten no response from the helper who told me he would get back to me (over two weeks ago), I feel it is necessary to post my issue here.
Is anybody else experiencing something similar, or can anybody help?
@mp178 I can see that our team already shared more information about the matter via email (please excuse us for the delay). Nonetheless, for further references & useful information, you may also check the article below:
Yes, I just received the e-mail, and thanks for getting back to me! I understand that in these times there might be a lot to handle, so no worries! As long as I do get a reply everything is fine:+1:
@Mr.Trade ISA is completely tax-free and there will be no need to declare anything to your tax authorities about it. Yet feel free to consult them for further information.
Additionally, If you invest in stocks and ETFs in a different currency than your account’s (for example US stocks), the Forex impact and currency pair fluctuations can indeed influence your result.