Last updated 2026-06-27
Import Saxo Bank Dividends
Tax Reclaim imports your Saxo Bank dividend history directly from the Account Statement CSV you already have. Upload the file and Tax Reclaim reads the gross dividend amounts and any withholding tax already deducted, then calculates exactly how much foreign tax you can legally reclaim under your tax treaty.
Try it now — upload your Saxo Bank file
See exactly what Tax Reclaim reads from your file. Nothing is saved and no account is needed — this runs the same parser used inside the app.
What Tax Reclaim reads from your Saxo Bank file
- Reads every Dividend event with its ISIN, instrument currency and value date.
- Saxo's statement contains no withholding-tax line of any kind, so the tax is not read from the file — it is estimated from the source country's statutory non-resident rate and you review every figure before anything is saved.
- Because Saxo does not label its amount as gross or net, you are asked which it is before any estimate is shown. Applying the wrong one would understate the gross and the tax together.
How to export from Saxo Bank
- 1
Open your Saxo account statement
Log in to SaxoTraderGO and go to Account > Reports > Account Statement.
- 2
Select the period
Choose the date range covering the dividend payments you want to reclaim tax on.
- 3
Export the CSV
Download the statement as CSV. Dividend payments appear as Corporate action rows with the event Dividend.
- 4
Upload to Tax Reclaim
Open the import wizard, pick Saxo Bank, and upload the CSV. Review each estimated withholding figure against your tax voucher before confirming.
Frequently asked questions
Why does Tax Reclaim estimate the tax for Saxo?
Because Saxo's account statement does not contain a withholding-tax line. The estimate uses the source country's statutory non-resident rate for the payment year, and it is shown to you as an estimate, editable, with the rate and country it came from.
Can I import without checking the estimate?
No. An estimated figure cannot be selected for saving until you have confirmed or corrected it, and the API refuses a claim that still carries an unreviewed estimate. A filed reclaim should carry the figure on your broker's tax voucher, not one derived from a rate table.
What happens with Irish or Luxembourg ETFs?
No estimate is made at all. Those funds distribute to non-residents at 0% even though the domicile's statutory rate is higher, so estimating from the country alone would show you a reclaim that does not exist.
Import your Saxo Bank dividends — it's free
Tax Reclaim reads your Account Statement CSV and calculates exactly how much foreign withholding tax you can reclaim.
Import your Saxo Bank dividends — it's free