If the financial instruments that I hold via my Admirals account pay dividends, will such dividends be taxed?

If the financial instrument that you hold via your Admirals account pays dividends, we will fund such account with the net amount remaining after deduction of the applicable withholding tax on such dividends, which withholding tax corresponds to the tax rate that is applied to Admirals by its counterparties.

Please note that you may be liable for additional taxes on dividends (other than the above), however, Admirals will neither be responsible for calculating and/or deducting and/or informing you of any such taxes nor will it provide you with any form of tax advice on such or any other matter.