Date: 3rd January 2023

[ARCHIVED: This survey is now closed]

The refund of withholding taxes on dividends – to avoid double taxation – can be a complicated procedure for private investors/shareholders across the European Union. Many factors must be taken into account, including the tax residence of the shareholder and the country of the issuer (the listed company), administrative procedures to undertake towards national administrations, or the service offered by the bank/broker or mandated third party.

Let's investigate the problems faced by private investors when dealing with dividend taxation between EU countries (Member States). Make you voice heard at EU level!

➠ Link to the survey (multilingual):
This is a 5-minute survey,
available in English, Dutch, French, Spanish, Polish and German.
➟ Direct access to the German version (Deutsche):


The European Commission is planning impact assessment on the cross-border procedures regarding withholding tax on dividends (to be completed in mid-January). This should be followed by an EC proposal by in Q2 2023.

Our survey is an exclusive opportunity for investors, through BETTER FINANCE (and its member organisation, DSW), to contribute to the evaluation of policy recommendations in order to improve dividend tax refund procedures in the EU. We aim to facilitate procedures and avoid double taxation related to withholding tax on distributed dividends.