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 Global Stock Plan Services Substitute Form W 8BEN for Use by Individuals Only 2022

2022-2025 Form

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hello and welcome to the chilled investor in today's video I'll be talking about dividend withholding tax so what is it and how could it affect you so basically when you earn money you pay tax and different countries have different charges so if you receive dividends from a company headquartered in a foreign country it may be subject to withholding tax now this tax is automatically taken before you receive any money hence its name withholding tax and it's withheld from you now I think the most common foreign country that has Brits invest in is America and America's withholding tax rate is 30 but they do have a tax treaty with the UK which means we can lower this rate to 15 percent now some providers automatically sort this out for you but some don'ts so if your provided dozens then you'll need to fill out a form called a wa Ben I'll leave a link to this form and the guidance in the video description once this form is filled out it then goes back to your prov

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