Tax reclaim on foreign divis

I have some shares in a German company and I note that the divis are taxed at 26% at source. Can I reclaim 6& tax to bring them in line with UK divis? They happen to be in an ISA but I don't know whether this is relevant.

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On 25/06/15 21:45, cryptogram wrote:

The notional tax rate on dividends from normal UK companies (and equity based investment companies) is 10%, not 20%. The rest of the question looks far too complex for me to attempt.
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On Friday, June 26, 2015 at 12:40:41 AM UTC+1, David Woolley wrote:

Sure. My mistake.
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cryptogram wrote:

Yes and yes - ie you can reclaim tax and the ISA does make a difference (as you are not the legal, registered holder of the shares). IIRC not for the fainthearted though. Only you can decide if the game is worth the candle.
I can't find guidance on gov.uk but I see https://the-international-investor.com/investment-faq/reclaim-withholding-tax-foreign-dividends-isa-sipp has what looks to be a fair introduction.
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Robin
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On Friday, June 26, 2015 at 10:02:23 AM UTC+1, Robin wrote:

Thanks Robin. I'll think about it!
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responding to http://www.beansmart.com/uk-finance/tax-reclaim-on-foreign-divis-91467-.htm , CL wrote:

I am basing this on you being a UK resident - you will have been taxed at 26.375% on your dividends but as there is a double taxation treaty between the UK and Germany the treaty rate is 15% therefore you may have an entitlement to reclaim 11.375% of the tax withheld. You can reclaim historically 4 years and will take approx 12 months for a reclaim to be paid. Tax reclamation is an extremely complicated process. Its often better to reach out to a company that specialises in tax reclamation.
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