I checked my dividend payments and got very confused I might just be a noob on this topic, but I want to make sure and see what kind of explanation there could be or if at worst there might be a problem with my account…
My country has a dual taxation treaty with the US so that only 10% of a dividend payments are be withheld. Seeing that w-8ben does get filed with Trading212, this should apply yo my account.
Problem is, my first 2 dividend payments were taxed 30% first on a REIT (Healthpeak Properties) and then on a company (Audiocodes). But the last 2 dividends I have recieved were only taxed 10% on Intel and 3M, as you would expect.
I’m pretty sure Audiocodes is not an ADR or anything like that… So I wouldn’t think that it didn’t count as a US corporation
And would REIT’s be treated differently as far as withholding tax is concerned?
Here are the screenshots for the dividend payments and I would appreciate an explanation or any experiences like this one to see what is going on!
Hopefully I’m just a noob about how this works