Field help: Should foreign tax deduction amounts be taken into account?

Select "yes" if foreign tax deductions have already been credited on the income from investment funds.

This concerns withholding taxes levied on fund income abroad, which can be taken into account in Germany under the Investment Tax Act.

The foreign taxes can be credited against German tax. However, maximum amount regulations and possible credit limits under an existing double taxation agreement (DTA) must be observed. Only the amounts actually credited should be entered here.