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Dividend Tax Calculator (Belka Tax)

Free, no signup required. Enter a foreign dividend and get the exact PLN amount owed to Poland after the foreign tax credit — using the same formula and live NBP exchange rate odlicz.com uses for real holdings.

How this calculation works

Gross foreign dividend × NBP average exchange rate (the business day before the pay date) = gross amount in PLN. Polish tax due is 19% of that. The foreign tax credit is capped at the lowest of: the tax actually withheld abroad, the treaty rate for that country, or the Polish tax due itself — never a full offset above the treaty cap. What's left after the credit is what you owe Poland. See the full guide linked below for the reasoning behind each step.

Related reading

This calculator is general information, not tax advice. It doesn't account for every treaty nuance, holding-period requirement, or recent law change — verify your specific situation with a qualified tax professional before filing.