How are withholding taxes determined on dividends?

In the event you hold a position over the ex-dividend date, your dividend may be subject to withholding tax. Depending on which entity of MEXEM your account is opened with, and your country of legal residence, MEXEM might act as a withholding agent and apply the applicable treaty rates, or the tax might be applied by our clearing agent prior to receipt. In such a case, holders may be unable to take advantage of any country specific rates which may exist. Clients should consult with a tax advisor for assistance in making a claim for a tax refund on a dividend.

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.