Post by perpetualtraveler on Oct 31, 2016 8:57:28 GMT
No bank I know of charges taxes on the interest, that's something you have to do yourself by filling in a tax statement at the end of the fiscal year. No other P2P loan companies withholds anything and I dont think they are planning to either. Just seems like a very strange thing to do - it should be the investors responsibility.
Have to throw in that if I (as a Swiss Investor, Resindent of Switzerland) buy US Bonds or Shares, there is a 30% withhold of proceeds (interest and dividends). The same applies (but with other rates) for German Shares or bonds.
www.p2phero.com currently only in German language, covering Mintos, Estateguru, Finbee, Twino, Saving Stream and Viventor. Please note that this site contains some referal links
Thats because they are moving their headquarter to spain. Spain is keen on double taxation, so thats for investors security. If you don't give them the certificate, they hold back 20% of the interest received.
If you are from Switzerland or Germany, I can tell you which certificate it is..
Would you be able to send me a completed one with personal information removed? I'm struggling to know what to put in some of the fields. Can you put multiple countries at the top to cover all loan originators or it a separate form required for each country?
OK thanks. I believe I have it all explained to me now by ViaInvest/Viventor support people. I just need to find out whether I can specify multiple countries at once on the form for different loan originators. If anyone else needs information on the german one I can probaby help.
I was thinking that I wouldn't even bother trying with multiple countries, since it is not explicit on the form. There are probably different tax arrangements between different countries. I'll just fill in a pile of them for the countries I need for various platforms and send them off together.
For the Netherlands if you only need a basic Certificate of (tax) residence there is an email address you can send the request to. All you need to include in your email are some personal details (address/Soc.Sec nr.) and for which countries and they will send it to your address with 6 weeks. If there are some more forms they need to fill in you will need to send everything via the post. I received one for each country I requested.
I've attached one of the Certificates I received as an example.