b3rkut

Utilities: Get Dividends Paid in Euros

do these upfront taxes apply only to US citizens, r to any holder of the shares? i'd rather pay the income tax in my home country on the dividends than 35% on ENI etc. thats a crazy amount of loss.


On Nov 03 01:23 AM THofler wrote:

> To Gaucho's point,
>
> My French Total (TOT) gets hit with a 15% div. withholding tax.
> In an IRA this is lost, but if it were being held in a taxable account,
> I can declare the withholding on my tax return and get it fully refunded.
>
>
> My Italian ENI (E) gets hit with a 35% withholding tax. If the total
> foreign withholding taxes I declare on my return is less than a few
> thousand dollars, then I get a full refund. If I have a much larger
> withholding to declare then I only get refunded at the 15% level.
>
>
> So Total's withholding is good (fully refunded) if I'm a rich guy,
> but ENI's is not.
>
> I believe that neither the U.K. nor Brazil has any withholding tax.
>
>
> Does anyone know the story with Germany's withholding tax??