Im thinking about opening an account at Interactive brokers. Unfortunately they havent been able to give me an answer regarding withholding on stock dividends. I am a swedish citizen and Interactive brokers is an american company and my question was what happens if i buy stocks in asia or europe where the country have, say, a 30% withhold on stock dividends. They gave me this answer "The US IRS only collects dividend withholding from your Interactive Brokers account" "US tax law requires the withholding of tax for non-US persons (non-resident aliens) at a rate of 30% on payments of US source stock dividends, short-term capital gain distributions and substitute payments in lieu." The tax on dividends in sweden is 30%. Lets say i use my account at Interactive brokers and buy a stock on the Paris exchange and get dividends on this stock. First the french keep their share of this dividend, then the US IRS takes 30 % and then there is the swedish tax. Im able to provide information to the swedish IRS which states that i already have payed >30% tax and therefore there will be no tax in Sweden. But i am still being taxed twice...both in France and USA, right? If im right about this, and thats the case, the dividends i will receive using Interactive Brokers will be a lot less than i receive at my swedish broker where i always will get the withhold payed back to me and never will be taxed more than 30% on dividends.