Key Post The taxation of dividends from German companies

[ClubMan]

If there is so much admin, at some point isn't it just easier to buy an ETF?

Even with the much worse tax treatment?

 

[Corola]

If you cannot reclaim dividend tax that is a worse tax treatment.

 

[ClubMan]

If you cannot reclaim dividend tax that is a worse tax treatment.

Aren't you forgetting the 41% 8 yearly deemed disposal/exit tax on ETF growth versus 33% CGT with allowances and the ability to offset losses on shares/capital assets?

 

[Corola]

My point is investing in a diverse portfolio of individual shares from different countries with their own tax regimes has its own administrative burden and cost (monetary and time). The saga in this post has been ongoing for almost 8 years, as long as the time between deemed disposals.

At some point the benefits of the ETF outweigh the drawbacks. Pick your poison.

 

[jpd]

Withholding tax in France is 12.8% so below the 15% limit