French Tax Reclaim

Overview: 

On French stock dividends Interactive Brokers can facilitate the process of dividend tax reclaim.

Background: 

European withholding taxes on dividends are taxed at source and the tax is withheld by the depository prior to remittance of the distribution to Interactive Brokers and the subsequent credit of the net distribution to the accounts of any Interactive Brokers customer.
 

Interactive Brokers holds all shares in street name as pointed out in the customer agreement. For this reason the rate between the dividend paying country (France) and the receiving country (Interactive Brokers LLC US) is 30%.

To reclaim taxes you will be required to fill out the Forms 5000 and 5001. Please kindly complete the Forms, send us a copy of them attached to a ticket so we can confirm they are OK, and then send the originals to:

Interactive Brokers UK Ltd
Att. Esther and Heinz
Gotthardstrasse 3
CH-6301 Zug
Switzerland

In Form 5000 you will have to fill out only the first page.

At point I please select "Normal procedure".
At point II please complete with your personal details.
At point III please write your signature
At point IV is required your Tax ID Number and the Signature/Stamp of your local Tax Office.

www.impots.gouv.fr/portail/formulaire/5000-sd/attestation-de-residence-destinee-ladministration-etrangere

The Form 5001 must be signed by you as well. Please fill out the second page with the corresponding shares and dividend details (incl. ISIN).

www.impots.gouv.fr/portail/formulaire/5001-sd/liquidation-de-la-retenue-la-source-sur-dividendes

Please note the forms 5000 and 5001 provided should be those for the French tax authorities:
in the box on the top left of the forms you can see the version of the forms. They need to be the ones 'for the use of the French tax authorities', and not the versions 'to be kept by the beneficiary' or 'for the use of the foreign tax authorities'.

Upon receipt, IBKR will send the form to our custodian for the French market and credit back the refundable amount of tax on dividends to your Interactive Brokers account.
 
Please note that an external fee of 125 EUR is charged per each dividend.


The process is on best effort basis and could take several weeks.