Does stock of US companies pay the same dividends when bought on NYSE vs on German Xetra? What about taxes?

[lemandas]

Does stock of US companies pay the same (or very similar) dividends when bought on NYSE vs on German Xetra? What about tax rules?

Example: AT&T. It's present on both the German Xetra (as US00206R1023) and on NYSE (as US00206R1023).

AFAIK, me buying dividend yielding stock (like AT&T) on a US based stock exchange (e.g. NYSE) will result in the 30% US tax on the dividend being withheld by the US gov't (this number can go down to 15% if I fill out W-8BEN form).

But what if I buy the said AT&T stock on Xetra? Will I also have to deal with the same 30% (15% w/ W-8BEN) US tax? Or will some other tax regulations come into play?

My context: Human, based in the NL. Using Degiro as the broker.

 

[confused21]

@lemandas Location of headquarter is the only thing that matters when it comes to withholding tax on dividends. Exchange has no influence on that part

 

[lemandas]

@confused21 Thanks. So, in other words, it still makes sense for me to file a single W-8BEN form, regardless of whether I later buy stock on XET or NYSE, or even both?

 

[resjudicata]

@lemandas The company doesn’t know which exchange you buy their shares on. They pay the dividend and withhold tax as required by law. I would always file a W8-BEN, there’s no advantage to not doing it.

 

[confused21]

@lemandas Not familiar with w8-ben tbh since I apparently don’t need it to only pay 15% on US stocks. But from your description I would get it done ASAP.