# Wrong Witholding Tax stated **URL:** \ **Category:** šŸ¤ Help\ **Created:** [April 6, 2021, 10:39am UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905 "2021-04-06T10:39:35Z")\ **Posts on this page:** 16\ **Page:** 2
**Author:** ![RLX](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/rlx/32/7051_2.png) [@RLX](https://community.trading212.com/u/RLX)\ **Post date:** [May 20, 2021, 2:08pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/21 "2021-05-20T14:08:02Z")
It seems that the tax residency of the T212 investor is irrelevant. It matters the tax residency of the investor, that is T212. There are examples in the forum, and T212 have confirmed that T212 is considered as the owner, an UK owner, so the taxes are withhold according to that. (Although we are the final beneficiary.) ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/8/8bf4fedc225f2bdd0d7cc416d8c0011d082d84b0.png) ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/f/f9d5c8240a64a6e073c53d69a217d662b4a95a78.png) > [@Tax withholded on Dutch stock](https://community.trading212.com/t/tax-withholded-on-dutch-stock/47996): > > Why is tax withholded on dividend paid by Randstad? I am a Dutch investor, living in The Netherlands, bought Randstad on Euronext Amsterdam. Just curiousā€¦ ---
**Author:** ![Vedran](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vedran/32/182_2.png) [@Vedran](https://community.trading212.com/u/Vedran)\ **Post date:** [May 20, 2021, 3:43pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/22 "2021-05-20T15:43:39Z")
This is only true for EU shares/dividend. For US/Canadian shares/dividend, Country of Investor is what matters. I personally get 30% WTH for US dividend. Due to Croatia not having Tax treaty with US. ![Screenshot_20210520-174454_Trading 212](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/b/b8e1829cd869af6eb9ee577fb883cb8c4c0686dd.jpeg) ---
**Author:** ![RLX](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/rlx/32/7051_2.png) [@RLX](https://community.trading212.com/u/RLX)\ **Post date:** [June 1, 2021, 6:25pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/23 "2021-06-01T18:25:19Z")
There are several wrong issues about the last dividends from **Euronext (ENX)** paid May 21st, as seen in the CSV file and in the History tab: - Wrongly categorized as ā€œReturn of capitalā€, in the reality they are ā€œ**Dividend (Ordinary)**ā€ - Euronext announced **1.47 EUR gross dividend per share** , but T212 says its only 1.25 EUR per share as gross dividend per share, this difference is 0.22 EUR per share or the equivalent of a 15% tax rate - T212 says that ENX didnā€™t had withholding tax, but in reality **T212 have withhold 15% tax** , despite showing a 0% tax rate. **T212 have withhold 0.22 EUR per share**. Bottom-line, T212 shows the net dividend as gross dividend, withhold tax but says no withholding tax and says that the tax rate is 0% ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/b/b8004785ca4c7d7c4dc8745e4eb3a5f7f4eb7a81.png) > **[Euronext publishes its detailed dividend payment schedule for 2021 |...](https://www.euronext.com/en/investor-relations/financial-information/news/euronext-publishes-its-detailed-dividend-payment-0)** > > Contacts Media Contact Investor Relations Amsterdam +31 20 721 4133 ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/4/465c2b7d8b78afffcf637327416c0a6113c78fe6.png) **With similar T212 errors and still to be corrected since April 6th (almost 2 months). T212 withhold taxes but wrongly states that none paid:** > [@RLX](#): > > also labelled as ā€œReturn of capitalā€ with 0 % Witholding Tax: > > - Brookfield Infrastructure (BIP) > - Brookfield Renewable Partners (BEP) > > They appeared both on History and on CSV Export file also with withhold tax = 0 USD. **ā†’ Please correct these questions, so there isnā€™t any problem with the tax authorities.** @Team212 ; @Y.M ; @B.E ; @Hris.M ---
**Author:** ![RLX](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/rlx/32/7051_2.png) [@RLX](https://community.trading212.com/u/RLX)\ **Post date:** [June 1, 2021, 7:25pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/24 "2021-06-01T19:25:34Z")
> [@RLX](#): > > There are several wrong issues about the last dividends from **Euronext (ENX)** paid May 21st, as seen in the CSV file and in the History tab: > > - Wrongly categorized as ā€œReturn of capitalā€, in the reality they are ā€œ **Dividend (Ordinary)** ā€ > - Euronext announced **1.47 EUR gross dividend per share** , but T212 says its only 1.25 EUR per share as gross dividend per share, this difference is 0.22 EUR per share or the equivalent of a 15% tax rate > - T212 says that ENX didnā€™t had withholding tax, but in reality **T212 have withhold 15% tax** , despite showing a 0% tax rate. **T212 have withhold 0.22 EUR per share**. > > Bottom-line, T212 shows the net dividend as gross dividend, withhold tax but says no withholding tax and says that the tax rate is 0% > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/b/b8004785ca4c7d7c4dc8745e4eb3a5f7f4eb7a81.png) > > [Euronext publishes its detailed dividend payment schedule for 2021 | euronext.com](https://www.euronext.com/en/investor-relations/financial-information/regulated-information-and-investor-news/euronext-186) > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/4/465c2b7d8b78afffcf637327416c0a6113c78fe6.png) > > **With similar T212 errors and still to be corrected since April 6th (almost 2 months). T212 withhold taxes but wrongly states that none paid:** > > > [@RLX](#): > > > > also labelled as ā€œReturn of capitalā€ with 0 % Witholding Tax: > > > > > - Brookfield Infrastructure (BIP) > > > - Brookfield Renewable Partners (BEP) > > > > > > They appeared both on History and on CSV Export file also with withhold tax = 0 USD. > > **ā†’ Please correct these questions, so there isnā€™t any problem with the tax authorities.** > > @Team212 ; @Y.M ; @B.E ; @Hris.M @Bogi.H as you closed my thread and move it to here, there is any feedback? Or it is just ā€œcleaningā€ the forum? ---
**Author:** ![Bogi.H](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/bogi.h/32/23576_2.png) [@Bogi.H](https://community.trading212.com/u/Bogi.H)\ **Post date:** [June 1, 2021, 7:31pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/25 "2021-06-01T19:31:22Z")
Hey @RLXšŸ‘‹ , I have just sent you a DM. ---
**Author:** ![ValkiR](https://avatars.discourse-cdn.com/v4/letter/v/f4b2a3/32.png) [@ValkiR](https://community.trading212.com/u/ValkiR)\ **Post date:** [June 18, 2021, 7:53am UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/26 "2021-06-18T07:53:44Z")
> [@ValkiR](#): > > @Team212 could you please explain why EPD dividend is payed as Return on Capital: > ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/b/bc8b79cef66871d7f080283de774346345c34661.png) > > while at the [companyā€™s Investor site](https://www.enterpriseproducts.com/investors/distribution-payments) they clearly define the dividend as Cash Distribution (thus, from my understanding, a normal dividend): > ![image](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/1/13f5d963ba213cfe3474eb7270d17075cbdac113.png) > > What am I missing/getting wrong here? Any feedback on my question, @Bogi.H / @Team212 ? Company processes a Regular Distribution of Dividend, and T212 processes it as Return on Capitalā€¦ how is this? ---
**Author:** ![Bogi.H](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/bogi.h/32/23576_2.png) [@Bogi.H](https://community.trading212.com/u/Bogi.H)\ **Post date:** [June 18, 2021, 2:21pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/27 "2021-06-18T14:21:30Z")
Hey @ValkiR šŸ‘‹, We are working on optimizing the process of dividend distribution. On a side note, in the dividend attachment at the end of the year, there will be both the Gross and the Net amount of all dividends that you have received during the year. ---
**Author:** ![Zrtz](https://avatars.discourse-cdn.com/v4/letter/z/eb9ed0/32.png) [@Zrtz](https://community.trading212.com/u/Zrtz)\ **Post date:** [November 23, 2021, 5:53pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/28 "2021-11-23T17:53:16Z")
Without sounding dishonest is there no way round or minimise this 15% withholding tax levied on UK investors. The dividend i got paid from Coca-cola got hammered with this annoying 15% withholding tax. ---
**Author:** ![Dougal1984](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/dougal1984/32/14304_2.png) [@Dougal1984](https://community.trading212.com/u/Dougal1984)\ **Post date:** [November 23, 2021, 6:07pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/29 "2021-11-23T18:07:17Z")
There is no way for tax avoidance Iā€™m afraid. The UK/US tax treaty rate is 15% on dividends. Itā€™s why you complete a w8 ben form to reduce the tax from 30% to 15%. > **[DT19867A - Double Taxation Relief Manual - HMRC internal manual - GOV.UK](https://www.gov.uk/hmrc-internal-manuals/double-taxation-relief/dt19867a)** ---
**Author:** ![lamprosg](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/lamprosg/32/15311_2.png) [@lamprosg](https://community.trading212.com/u/lamprosg)\ **Post date:** [November 23, 2021, 6:20pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/30 "2021-11-23T18:20:29Z")
Itā€™s 30% for me (with W8ben)ā€¦ 15% looks better now? šŸ™‚ ---
**Author:** ![VicVega](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vicvega/32/13582_2.png) [@VicVega](https://community.trading212.com/u/VicVega)\ **Post date:** [November 23, 2021, 6:44pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/31 "2021-11-23T18:44:02Z")
Lampros, this made my day! šŸ˜„ ---
**Author:** ![Zrtz](https://avatars.discourse-cdn.com/v4/letter/z/eb9ed0/32.png) [@Zrtz](https://community.trading212.com/u/Zrtz)\ **Post date:** [November 23, 2021, 7:26pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/32 "2021-11-23T19:26:14Z")
Oh well i guess thereā€™s nothing to moan about as it could be worse per @lamprosg Thanks @Dougal1984 ---
**Author:** ![Caricp](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/caricp/32/11628_2.png) [@Caricp](https://community.trading212.com/u/Caricp)\ **Post date:** [November 23, 2021, 8:38pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/33 "2021-11-23T20:38:31Z")
I can beat your 30%. šŸ˜šŸ¤£ Another broker i use to invest in my own country stock market applies a 35% withholding tax on dividends. The correct rate would be 28%! It is true i can get part back once i submit my anual tax return but still i have to wait up to.1 year to get it back. So yes 15% looks pretty good! ---
**Author:** ![Darko](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/darko/32/1667_2.png) [@Darko](https://community.trading212.com/u/Darko)\ **Post date:** [November 1, 2022, 1:03pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/34 "2022-11-01T13:03:55Z")
> **[US-Croatia Tax Treaty Likely to Be Signed by End of Year](https://news.bloombergtax.com/daily-tax-report-international/us-croatia-tax-treaty-likely-to-be-signed-by-end-of-year)** > > A new tax treaty between the US and Croatia likely will be signed and made public before the end of the year, a Treasury official said Tuesday. Finally. Iā€™ll bump when itā€™s signed (although itā€™s supposedly a formality), hoping it could be in effect from 1/1/2023. ---
**Author:** ![Vedran](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/vedran/32/182_2.png) [@Vedran](https://community.trading212.com/u/Vedran)\ **Post date:** [December 8, 2022, 6:33pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/35 "2022-12-08T18:33:00Z")
> **[United States, Croatia Sign Income Tax Treaty](https://home.treasury.gov/news/press-releases/jy1148)** > > WASHINGTON ā€” In a ceremony held at the U.S. Department of State today, Under Secretary of State for Economic Growth, Energy and the Environment Jose W. Fernandez and Croatiaā€™s Minister of Finance Dr. Marko Primorac signed a comprehensive income tax... Well ā€œonlyā€ US Senate verification left. ---
**Author:** ![Darko](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/darko/32/1667_2.png) [@Darko](https://community.trading212.com/u/Darko)\ **Post date:** [December 8, 2022, 7:34pm UTC](https://community.trading212.com/t/wrong-witholding-tax-stated/47905/36 "2022-12-08T19:34:04Z")
Yes, by a two-thirds majority. šŸ˜¬ But I hope we will not get stuck like Chile. [Previous page](https://community.trading212.com/t/wrong-witholding-tax-stated/47905.md?page=1)