EP #158 | Earnings Season is Still in Full Swing | & the Relevance of Monthly Contributions as a Portfolio Grows
Dividend Talk
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How to Slash Budget for Increased Local Tax Liability, G1 Dividends
In Europe, at least with brokers like De Giro, Interactive Brokers and such, your dividend is already withheld by the broker. With most countries, we have a double taxation treaty which on dividends is around 15%. So what I really need to reserve is an additional 4% for this. Would it be a big amount? Then in that case, because the person is talking about doing a drip, I honestly wouldn't know what to do. But on the other hand, I would also not want to sell my shares either.
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