6 Comments
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Denis Gorbunov's avatar

Are you in Norway? What is the withholding tax on the dividends you receive? Do you reinvest what's left after taxes?

MaxDividends's avatar

I live in Finland 🇫🇮 Typically tax is about 34% but if you own company and invest through the company you pay 0% while reinvesting.

Denis Gorbunov's avatar

You mean if you invest through your own business? 34% is a lot.

MaxDividends's avatar

Yes - if you invest through own company.

About 34% for individuals. It always depends. From the one side - yes. From another side - it is insurance from capital losses because you can deduct dividend tax with capital losses if you got it.

Denis Gorbunov's avatar

Are dividends taxed as income or as capital gains in Finland?

MaxDividends's avatar

And interesting thing for individuals that dividends and capital gains are both capital gains. That mean you can deduct taxes through possible capital losses.