Dividend payments from stock positions will be credited to your account with any applicable standard withholding taxes deducted. These depend on the country where the stock is domiciled.
Withholding taxes or capital gains are left upon the individual clients to take care of and report in their respective country of residence.
Saxo Bank provides Relief at Source for companies incorporated in United States. Most individuals will receive relief at source automatically, but in some cases individuals have to provide a W8BEN form.
To ensure that you receive the most favorable tax treatment for other countries too, we have partnered with GlobeTax to help you recover your entitlements. Please note that this service is handled directly with Globetax, queries related to the status of your case should be sent directly to them. More information and instructions are attached to this article.