Frequently askedquestions

International double taxation arises when two or more countries tax the same income, gain, or property. It happens because of mismatches between national tax laws, and it can result in a person or company paying tax twice on the same income. Suppose a Spanish resident invests in shares of a French company and receives dividends from those shares. France withholds tax on the dividends before paying them to the Spanish investor. That French withholding is a form of foreign income tax. The Spanish investor must declare those dividends as part of their income in Spain and pay Spanish tax on them under Spanish law. However, Spain also recognises the French withholding as a tax credit to avoid double taxation. If the French withholding exceeds the Spanish tax liability on those dividends, an excess withholding has occurred. The investor can claim a refund of the excess from the French tax authority, or apply the surplus as a credit in Spain in future tax years. If, on the other hand, the French withholding is lower than the Spanish liability, the investor must pay the difference to the Spanish authority to meet their tax obligations. This example illustrates how international double taxation arises when a resident of one country receives income from another jurisdiction, and how double taxation treaties and tax credits help mitigate the problem. For more information, contact Dividend Refund at recupera@dividendrefund.com or by phone at +34 625 185 579.

Receipt of client documentation: tax ID, Power of Attorney (POA), and the bank account where the recovered amount will be deposited. The POA simply allows us to file the reclaim on your behalf. Receipt of the dividend information that has been subject to withholding. Recovery process. Dividend Refund will request your tax residence certificate, which you will receive and forward to us. You will also need to request the dividend vouchers from your bank for each dividend line. The voucher certifies that you actually received a dividend, the amount, and the withholding at source. Dividend Refund prepares everything required for submission to the foreign tax authority, both supporting documents and the forms to be completed, and follows up on the status of the claim. Once the foreign tax authority accepts the claim, the funds are credited to your account. If a document has expired or the authority requests further documentation, the case moves to allegation status. In that case Dividend Refund handles the additional steps to recover your withheld amount. For more information, contact Dividend Refund at recupera@dividendrefund.com or by phone at +34 625 185 579.

Hold investments abroad and have suffered excess withholding on dividend payments. Provide tax ID, POA, bank account, tax residence certificate, and dividend vouchers. Dividend Refund handles everything else. For more information, contact Dividend Refund at recupera@dividendrefund.com or by phone at +34 625 185 579.

Germany Austria Belgium Canada Denmark Finland France Ireland Israel Norway Poland Portugal Sweden Switzerland USA For more information, contact Dividend Refund at recupera@dividendrefund.com or by phone at +34 625 185 579.

From our "Recover" section you can file your reclaim fully on your own. You first need to register, import your portfolio, and the platform will indicate which reclaims you can file. You will be asked for personal information to register, such as your name, bank account, tax address, and so on. It is important to register in the language you are most comfortable with. Dividend Refund recommends Spanish. For each reclaim the platform will tell you which steps to follow and which documents are required. For more information, contact Dividend Refund at recupera@dividendrefund.com or by phone at +34 625 185 579.

Dividend Refund will support you with whatever you need at recupera@dividendrefund.com or by phone at +34 625 185 579.