Us Dividends Taxed?

[sleepyjohn]

Hi there

if I were to buy a US REIT with a regular dividend would there be any tax withheld at source?

I am not a US resident or citizen and have filled in a W8 with my broker.

thanks

[MattFS218]

Hi there

if I were to buy a US REIT with a regular dividend would there be any tax withheld at source?

I am not a US resident or citizen and have filled in a W8 with my broker.

thanks

Yes, with a W8-BEN filed 10% will be withheld at source. But if your country has a tax agreement with the US (most nations do) then it will be applied as a tax credit. It's either 10 or 15%, I can't remember exactly.

[sleepyjohn]

Hi there

if I were to buy a US REIT with a regular dividend would there be any tax withheld at source?

I am not a US resident or citizen and have filled in a W8 with my broker.

thanks

Yes, with a W8-BEN filed 10% will be withheld at source. But if your country has a tax agreement with the US (most nations do) then it will be applied as a tax credit. It's either 10 or 15%, I can't remember exactly.

thanks Matt

[sleepyjohn]

.

Edited October 14, 2008 by sleepyjohn

[MattFS218]

yah...it's 15% tax withheld for dividends only...capital gains are tax free as far as the us is concerned.