Questions tagged [dividends]

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1answer
7k views

Tax treatment of dividends paid on short positions

If a retail investor holds a short position when the stock goes ex-div, they must therefore pay a dividend to the buyer of the short. What is the tax treatment for this dividend payment the investor ...
4
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0answers
43 views

Would a UK resident who pays tax to a foreign country on dividends (of less than <£2,000) need to file Self Assessment for this reason?

Suppose an American expat taxpayer living in the United Kingdom earns dividends on U.S. stocks that fall below the UK's tax-free dividend allowance of £2,000, and this is the only income they have ...
4
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1answer
244 views

What are "Tax Relief Fees" on American Depositary Receipt (ADR) dividends?

I noticed that a "Tax Relief Fee" is usually deducted from ADR dividends. Consider AXA ADR's (OTC: AXAHY) 2020 cash dividend announcement, which includes a "Tax Relief Fee" of $0....
4
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0answers
84 views

Who reports the dividend for ACTS transfer, Outgoing or Incoming brokerage?

When a taxable brokerage account is transferred from one broker to another and as the old broker receives( and in turn forward to new broker) the dividend after the transfer as Dividend pay date is ...
4
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0answers
92 views

Does a French citizen living in the US owning stocks in a brokerage account in France have to pay taxes on dividends to the French tax authorities?

Does a French citizen living in the United States and owning stocks in a brokerage account located in France have to pay taxes on dividends to the French tax authorities (fisc)? Additional ...
3
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0answers
66 views

Is personal allowance used up by being paid in America?

I have just started a limited company in the uk and I’ve been contracting my services since jan 1st 2021. Previously I was being paid by an American company. All tax etc. was done in America and I was ...
3
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0answers
33 views

US Tax treatment of dividends from single member consulting firm, a UK Private Limited Company

US citizen in UK has a salary from one firm which includes National Insurance withholding, and also owns a UK Private Limited Company to which client payments are made for his consulting work. UK tax ...
3
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0answers
120 views

How can I collect unclaimed dividends?

Suppose that decades ago, I owned shares in a public company, and held onto the stock certificates. Suppose the company never managed to pay me dividends because they could not locate me, and I never ...
3
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0answers
202 views

Australian freelancing in UK

I am an Australian citizen and resident for tax purposes, but I have recently moved to the UK and planning on staying here for around 6 months. I have a valid working visa. I have picked up some ...
3
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0answers
91 views

Are foreigners who buy UK ETFs subjected to a withholding tax?

Currently, when a foreigner buys U.S ETFs, the dividends or income (in the case of bond ETF) will be taxed at 30%. Suppose a foreigner, say an American or Singaporean, buys a UK bond ETF. Is there a ...
2
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0answers
29 views

Do non-resident aliens have to pay US taxes on dividends from ADRs?

If a US non-resident alien owns some shares of an ADR that pays dividends, does the US government collect any tax on those dividends? I understand that, for non-resident aliens, there is a 30% tax on ...
2
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0answers
139 views

What does "No Sweep" Mean in Citibank Context

I am in the process of opening Traditional IRA account with Citibank (currently have checking and saving account at Citibank) Purpose is to purchase ETF for long-term. Form has section to determine ...
2
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0answers
817 views

What is the tax treatment for dividends paid on open CFD positions?

If an investor has an open CFD position when the underlying stock goes ex-div, there will be a payment made to the margin account in lieu of dividend. This is to ensure the investor does not actually ...
2
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0answers
260 views

Salary vs Dividend: is this example wrong?

I saw a link to a great article in old (2012) question. http://vereecke.ca/index.php/articles/will-that-be-salary-or-dividends/ I've tried understanding the article well, but I think that the author ...
1
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0answers
51 views

What tax do I pay when I close a limited company?

I used to be an IT contractor for many years. With recent IR35 changes, I have decided to take up a permanent/FTC job. Over the past year my contract has been under IR35, so I am paying paye tax etc. ...
1
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0answers
42 views

What stops the depositary banks of American Depositary Receipts (ADR) from charging the maximum possible fees?

Depositary banks of ADRs periodically charge depositary fees (custodial fees) to the owners of the ADRs by subtracting from ADR dividends. The maximum fees that the depositary bank is allowed to ...
1
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0answers
49 views

How much of a bond ETF's dividends are tax-free for US non-resident aliens?

Normally, for US non-resident aliens, the withholding tax on dividends is 30%. However, dividends that qualify as "portfolio interest" are not taxed (i.e 0% tax). When a US domiciled bond ...
1
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0answers
35 views

US taxation of dividends for non-resident aliens: corporation vs master limited partnership

A US non-resident alien wishes to invest in a company: Brookfield Infrastructure. Two securities are available for this purpose: Brookfield Infrastructure Partners L.P. (NYSE: BIP), and Brookfield ...
1
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0answers
54 views

Help on calculating national insurance obligations as a director of a UK based limited company

For the Jan 2020 to Jan 2021 I was working and being paid in the US. All tax etc. was paid in the US. I came back to the UK and started a business - a limited company where I am director and only ...
1
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0answers
51 views

Accounting for dividends of stocks held for 3rd party

Assuming I hold a number of stocks in a brokerage account for a 3rd party which pays dividends. The broker automatically deducts taxes and debits the remaining money in the account. How do I ...
1
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0answers
44 views

Has Sharesight calculated my dividend's foreign source income correctly?

I recently received my first dividend from the ASX:IVV S&P 500 ETF. In the Components of Distributions announcement it says that the Foreign Sourced Income is 99.9998% of the cash distribution. I ...
1
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0answers
36 views

Does the Depository Trust Company (DTC) publicly announce ADR custodial fees?

To see the historical custodial fees charged by depository banks on ADRs, I usually go to the depositary banks' websites where, if lucky, I am able to find the historical fee information. Today, I ...
1
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0answers
142 views

Why do some monthly bond ETFs have no dividend in January?

For example, the following bond ETFs have monthly dividends except in January: 1) https://www.nasdaq.com/market-activity/funds-and-etfs/vteb/dividend-history: ------------...
1
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0answers
46 views

US securities/brokerage account, owned by non-resident; tax liability

Assume the following scenario: natural person (not US citizen or Green Card holder) is tax-resident in some European (EU) country owns a US-based securities/brokerage account that holds shares of a ...
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0answers
47 views

How to quantify the cheapness (or overvaluedness) of a stock from dividend yield theory perspective?

Is there a way to quantify the potential cheapness (or overvaluedness) of a stock's price when comparing current and average dividend yield from a dividend yield theory (DYT) perspective? For example ...
1
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0answers
560 views

How to fill out Canada T5 dividends to US 1040 form?

I have T5 from Canada, box 24 call actual amount of eligible dividends . box 25 call taxable amount of eligible dividends, box 26 call dividends tax credit for eligible dividends, box 18 call capital ...
1
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0answers
381 views

Dividend and Capital gain taxes for F-1 student

I'm an F-1 student under OPT working full time in NYC. I have a brokerage account with Fidelity. I pay income taxes as a non-resident (1040NR)as I am in F-1 and my F-1 Visa started on 2014. While ...
1
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0answers
207 views

Taxes on capital gains and dividends for non-resident alien

I am a citizen of Spain living in Spain. In the past I lived in the US for over 10 yrs. During the time I lived in the US I opened a brokerage account to trade stocks. Now I have two options: Claim ...
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0answers
608 views

Why my tax calculation (SA302) doesn't show my dividends through a service company?

I've submitted my tax return (Self Assessment) to HMRC for the recent year and I've enter my total of the dividends (from my Limited company as contractor) into Service companies box as below: as per ...
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0answers
23 views

Time to receive foreign dividends (SET) to N. America

Is there an expected time to receive foreign dividends? It seems to take weeks or longer to receive dividends from stocks on the SET exchange. Granted they have to do a currency conversion and take ...
1
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0answers
159 views

tracking dividend payments automatically

I want to create a dynamic spreadsheet somewhere(maybe google docs) that will log my dividends that I receive. I have stocks at Fidelity and Tradeking. Currently I get an email every time I receive ...
1
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1answer
157 views

What is the difference of buying Coca-Cola shares from the NYSE vs Xetra?

What is the difference of buying Coca-Cola shares from the NYSE vs Xetra? I understand that the NYSE is in USD and Xetra is in EUR but the question here is about risks, dividends, and any other ...
1
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1answer
142 views

Tax-free dividends because of double payment?

I have just received a dividend of 0.11 $, from which 15% withholding tax was deducted. On the same day I received a dividend of 3,40$ from the same company, but without paying withholding tax. (for 3 ...
0
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0answers
30 views

How much more tax will I pay on dividends for US stocks as an Irish tax resident?

I'm a Canadian citizen living in Ireland. I'm an Irish tax resident. I bought some US-based stocks on Degiro and eToro. e.g. Apple, Microsoft, Coca-cola. Ireland has a double taxation treaty with the ...
0
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1answer
94 views

Finding the share price of a company couple years from now using the dividend discount model (practice)

A company is growing at a constant rate of 8%. Last week it paid a dividend of $3.00. If the required rate of return is 15%, what is the price of the share three years from now? My initial thought was ...
0
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0answers
35 views

Will orders be adjusted on the ex-dividend date if the stock "will not be quoted ex-dividend"?

Consider a stock that will soon pay a dividend, but the dividend announcement says that the stock "will not be quoted ex". Will the prices in the order book be adjusted on the ex-dividend ...
0
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0answers
19 views

Are the Depository Trust Company (DTC) fees paid on American depositary receipts (ADR) tax-deductible?

Are the Depository Trust Company (DTC) (mirror) fees paid on an American depositary receipts (ADR) tax-deductible (mirror)? I am a US tax resident owning some ADRs (e.g., AXAHY) via a US brokerage ...
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0answers
17 views

Is there any difference between these two RIC options in Turbotax when specifying foreign dividend sources?

RIC = Regulated Investment Company.
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0answers
41 views

TurboTax: Cannot enter interest/dividend in MI state return

My wife and I are filing returns jointly. My wife was a part-year resident of MI and I was a non-resident of MI. She had some income from interest/dividend but TurboTax does not give us any way to put ...
0
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0answers
26 views

Reporting correct Qualified Dividend - if an amount is subtracted

A certain broker, in the tax info guide shows in line 1b it "will not determine if applicable holding periods have been met" So, according to instructions in 2020 1040 "Dividends you ...
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0answers
28 views

Dividend impact on accumulating inverse ETFs

This is a pretty straightforward clarification question. For inverse ETFs tracking an index which are tagged as "accumulating", what this actually means is that we are not tracking the ...
0
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1answer
155 views

Calculating Dividends paid out and Div ratio from finance sheets

So I was trying to calculate the dividends a company paid out from the balance / income sheet and the retained earnings (the delta between this and last period). I thought the dividends paid could be ...
0
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0answers
46 views

Mutual Funds Investment advice needed for beginner

I am planning to start investing in mutual funds now. I am a beginner and young(28). I plan on doing investments as a lump sum and SIP. I plan to invest 5 lakhs via lump sum now and SIP of 20k per ...
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0answers
73 views

Do dividends paid on short positions count when reporting taxes?

If I'm long Company A that paid me $100 in dividends and I'm short Company B that I paid $100 in dividends... do I report $0.00 to the IRS? Do I sum dividends in and out?
-1
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1answer
55 views

Canadian taxes: Is it possible to declare dividends for a small business corporation with no other income other than investments (passive income)?

I have a small business that is now dormant since I switched to full time employment This is a small inc created before the professional corporations were defined by the Canada Revenue Agency (not ...