Have any of you seen WHT refunds from a range of Blackrock funds being credited?
I have seen one set of refunds from a fund so far but the vast majority of Blackrock refunds have not been credited so far.
Have any of you seen WHT refunds from a range of Blackrock funds being credited?
I have seen one set of refunds from a fund so far but the vast majority of Blackrock refunds have not been credited so far.
@ndt - excellent news. Contributions to the Beers and Biryani club are always appreciated.
Following up on this for the last time, as my personal experiment has ended up being exactly where I thought it would.
A few funds traded on the exchange have resulted in an appropriate refund as I had figured they would.
e.g.
Tax Report from the fund manager
Refund seen in late Feb:
Got my withholding tax refunded on the reclassified component of the distribution.
Across my experiments I have now seen refunds in the following categories and all of them have been handled appropriately by HSBC / Blackrock.
- Qualified dividends / Tax free dividends - across various fixed income categories include munis (which have arrived without any deductions)
- Return of Capital
- Short Term Capital Gains
- Long Term Capital Gains