Is there a way to avoid double taxation on Foreign Withholding Tax on the Stock dividends
As the title suggests, I observed a foreign withholding tax being levied on dividends being paid out by non-Germany domiciled companies. What’s interesting is that this is being taxed both by Germany and the other country (US/Netherlands in my case). Both these countries have a DTAA treaty with Germany. Is there a way to preemptively avoid paying these double taxes so as to skip applying for a refund afterwards?
I heard W-8BEN form can be used in the case of US. Has someone done that already? Are there any caveats to this? Is there something similar for other treaty countries?
u/Typical-Aside-6491 — 7 days ago