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Tax Reclaim - Cosmos Markets AS

Tax Reclaim

When you use Cosmos Markets and the Saxo Bank system, and invest in foreign securities, the income from those investments (equities or bonds), will be taxed at a high “statutory” rate of tax based on the source of the income, up to 35% in some cases. You may, however, have an entitlement to be taxed at a lower “treaty” rate of tax if your country has a Double Tax Agreement (“DTA”) with the income source country, often as low as 15% or even 0%.

To get your entitlement, you have to claim it.