Yes, withholding tax is generally deducted on foreign dividend and interest income. However, as the index funds used can only be subscribed by pension funds, the funds can reclaim a large part of the withholding taxes.
Yes, withholding tax is generally deducted on foreign dividend and interest income. However, as the index funds used can only be subscribed by pension funds, the funds can reclaim a large part of the withholding taxes.