1. It is your responsibility to report and pay tax according to the laws in your local jurisdiction. Moreover, in certain countries we are obligated to withhold tax at source. Please refer to the User Agreement for the relevant provisions on this matter in your jurisdiction.
2. As per Sections 871(m) of the US tax regulations, dividends paid for long positions on CFDs that reference US equities are deemed to be US source income, therefore we are obligated to report and pay withholding tax for these adjustments. Read here for more information.
Plus500 does not provide its products and services to residents of United States.
Plus500 does not claim to be an official academic institution that has received recognition from any country/government.