4 Comments

Very nice write-up!

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Thank you very much!

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Kroker,

This is a nice writeup. Thank you.

Just a question: what is the tax which European investors would pay on the dividends received from a US Reit?

Thanks and happy new year

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Thank you so much for your kind words—I'm glad you enjoyed the write-up!

Regarding your question, European investors generally face a 30% withholding tax on dividends received from U.S. REITs, including Realty Income. However, the exact tax rate can vary depending on the tax treaty between the U.S. and your specific country of residence. Many treaties allow for a reduced rate, often around 15%, but you'll typically need to file a W-8BEN form with your broker to benefit from this reduction or the broker is registered as a qualified intermediary.

It's also worth considering how these dividends are taxed in your home country after withholding—some countries provide credits for the U.S. tax paid, which can help avoid double taxation.

I hope this helps, and I wish you a very happy new year as well!

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