Updated on a older thread: https://geoexpat.com/forum/155/thread352034.html
Had done some testing last year with HSBC and have now seen my QII refund.
The investment in question was an iShares Fixed Income ETF - LQD
Here's what the end result looks like:
2019 iShares QII: https://www.ishares.com/us/literatur...19.pdf?noembedCode:Div Date: 07/Dec/2018 Distribution: 0.352 Post 30% WHT: 0.245 (Recv mid Dec 2018) QII Spec: 0.256 - Tax Free Refund Date: Sept/2019 HSBC Refund: 0.077 Total Div: 0.322
2018 iShares QII: https://www.ishares.com/us/literatur...18.pdf?noembed
What I see is that HSBC is indeed processing these refunds and crediting my account. This is GOOD to know and partially resolves my issue about WHT refunds from ETFs. jrkob had mentioned receiving these refunds on funds he holds.
May be worth noting:
- I have not tested this scenario with other banks/brokers, so this may not be valid for your broker.
- I have not established a schedule for when these refunds show up and if they show up for all ETFs for which there is a QII component as listed in the pdfs above or for all the refunds you that might be issued.
- I have not tested this with ETF of ETFs like AOA which have fixed income components which might be eligible for refunds. I suspect refunds will not be available through this sort of holding.
Will update this post as time progresses.