When do I have to pay foreign withholding tax?

Tax residence in Germany: The foreign withholding tax is comparable to the German capital gains tax, but is incurred directly at the "source" and, as a country-specific tax, depends on the respective country. This tax is withheld automatically and paid directly to the tax authorities.

If your tax domicile is in Germany, we will manage the withholding tax on your behalf. As a qualified intermediary registered with the IRS, we can also manage the US withholding tax and will withhold and pay it directly for you. Please contact your tax advisor for further details.

Tax residence in Austria: The foreign withholding tax is comparable to the Austrian capital gains tax, but is incurred directly at the "source" and, as a country-specific tax, depends on the respective country.

The yearly tax report contains an overview of foreign withholding taxes. The amount of the country-specific withholding tax can be obtained from the tax office. For further details, please contact your tax advisor.