tag:blogger.com,1999:blog-427910661735246223.post6193579921452018536..comments2024-03-27T10:42:40.841+02:00Comments on Dividend Hawk: Week in Review 26/14DividendHawkhttp://www.blogger.com/profile/18442876937263496120noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-427910661735246223.post-63842116003251942742014-06-29T19:01:56.520+03:002014-06-29T19:01:56.520+03:00Hi A-G
My capital income tax rate is 30%. Foreign ...Hi A-G<br />My capital income tax rate is 30%. Foreign dividends are generally charged on foreign withholding tax. It will be credited to the Finnish tax. If the company making the distribution is from an EU country or a state with which Finland has a tax treaty applicable to dividends, the dividend tax liability, as well as the Finnish dividend. A dividend of 85% (70% in 2013) will be taxable as capital income and 15% (30% in 2013), tax-free. <br /><br />Example:<br />PepsiCo to pay me a dividend of $ 100. $ 15 is tax-free, so I will pay tax on 30 per cent of 85 dollars, which is equal to 25.5 percent of 100 dollars. ETF's distributions are not dividends so those don't have 15 percent tax-free portion.<br />We don't have any non taxable accounts in Finland.<br /><br />Thanks for stopping by!<br />DHDividendHawkhttps://www.blogger.com/profile/18442876937263496120noreply@blogger.comtag:blogger.com,1999:blog-427910661735246223.post-15066024372731368862014-06-29T05:44:40.585+03:002014-06-29T05:44:40.585+03:00Good reading stuff man. So I was wondering on the ...Good reading stuff man. So I was wondering on the withholding taxes that applies to you. Do you have any agreements with other companies around you? what about non taxable accounts?Asset-Grinderhttps://www.blogger.com/profile/10563675122942032357noreply@blogger.com