I've previously written about our holdings in niche banks with friendly user interfaces but woeful foreign withholding tax refunds. Now one of the banks, Nordnet, has changed its routines for the coming year. From 1 January 2023, they pay back the tax already the month after the deduction is made. To manage this, they will use a flat rate.
This means that you no longer get 100% back. I'm not going to get annoyed that I won't get the full amount back. My focus will be on the joy of getting my tax refund almost 3 years earlier than before, all depending on when I make my acquisitions. Well done Nordnet!
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