Field help:
Credited foreign taxes (line 40 of Form KAP)
Enter the credited foreign taxes that apply to fund income and have already been credited against German tax as part of investment taxation. This includes, for example, withholding taxes on foreign dividends or interest income in the fund assets.
The amount will be transferred to line 40 of the KAP form.
Example: A fund holds US shares and distributes income to you. In the US, 15% withholding tax is deducted, so on a distribution of 1.000 Euro, 150 Euro withholding tax is incurred. Of this, 100 Euro was credited against your German tax. Enter 100 Euro here.
