Yes, for dividends and capital gains, the partner bank automatically deducts withholding tax (plus solidarity surcharge and, if applicable, church tax). This happens automatically if your profits exceed the tax-free savings allowance or if there is no tax exemption order. You don't need to do anything else— all taxes are calculated and paid for you.
Will withholding tax be deducted from my earnings at Ginmon?
Will withholding tax be deducted from my earnings at Ginmon?
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