Hi
I have a scheme as an employee of US multinational where stock is held for 3 years.
The trustee of the scheme sent me a letter where they have payed dividends for the tax in 2023.
as an example:
Gross Dividend (150.74) , US Tax(45.22), Irish Tax 25% (26.38).
Given they have already payed the Irish tax , do i need to declare this in the Form 11, i tried to put it into the Form 11, where i entered the gross amount received , then i put in the Irish tax deduced in the "Irish Tax Deducted On Encashment" section.
However i noticed by calculation increased by pretty much the same amount as what the trustee had payed in Irish tax. I.e The trustee payed 117 euro in tax and when i enter this in the form 11 my liability increased to 118 euro.
Thanks
I have a scheme as an employee of US multinational where stock is held for 3 years.
The trustee of the scheme sent me a letter where they have payed dividends for the tax in 2023.
as an example:
Gross Dividend (150.74) , US Tax(45.22), Irish Tax 25% (26.38).
Given they have already payed the Irish tax , do i need to declare this in the Form 11, i tried to put it into the Form 11, where i entered the gross amount received , then i put in the Irish tax deduced in the "Irish Tax Deducted On Encashment" section.
However i noticed by calculation increased by pretty much the same amount as what the trustee had payed in Irish tax. I.e The trustee payed 117 euro in tax and when i enter this in the form 11 my liability increased to 118 euro.
Thanks