Whether you are looking beyond UK equity markets for better returns, or corporate takeovers and mergers have left you with shares listed overseas, withholding tax (WHT) can have a significant impact on your net returns.
How WHT works
In many cases, when a dividend is paid by a company resident in one country to an investor resident in another, WHT is deducted from the dividend before a net amount is paid over. Rates of WHT vary from country to country.