Our clients receive Dividends annually, quarterly or monthly from foreign countries.
Dividend Withholding Tax is often withheld from dividend payments paid by foreign banks, brokers or companies.
Dividend Withholding Tax – or DWT as we call it – burdens your hard-earned income from company shares listed at the foreign stock exchange or other shares from not listed companies.
Foreign Tax authorities regularly apply rules to ensure that Dividends are taxed by a Withholding Tax deducted from payments to the owner of the foreign shares.
Withholding Tax rates range between 10% to 30% and could be Recovered or Reduced with our DWT service. Sometimes it is even possible to recover this Withholding Tax Retroactively for more than one year.
The fee for our services is 19% of all REFUNDED or RECOVERED or REDUCED amounts, payable to us after you have received the refunded assessment from the foreign tax authorities, banks, brokers or companies. NO down payment or retainer fee is requested. We will not send you an invoice if we don’t succeed with your claim.
We can offer you our DWT Recovery Service (in applicable countries) by FILING A REFUND claim for Dividend Withholding Taxes.
So, if you are interested in saving on foreign taxes, we may be able to help.