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Posted Mon, 02 Sep 2024 15:06:12 GMT by YMC
Hello, got a question about BTI stock, Bristish American Tobacco p.l.c. is a UK registered company, but BTI is 2nd listing stock in New York USA, the stock is trading in USD, they pay dividend in USD as well. so, should this dividend by counted as UK dividend (as this is UK company)? or counted as foreign income (as it is US listed stock and paying USD dividend)? Thank you! Noted. the corresponding UK listed stock is BAT, but I am talking BTI here.
Posted Wed, 11 Sep 2024 14:36:19 GMT by HMRC Admin 25 Response
Hi YMC,
If the stock is listed on the US stock exchange, then this is foreign stock and should be declared in the foreign section of a tax return as diviends / capital gains or losses.
Thank you. 
Posted Sat, 14 Sep 2024 11:28:14 GMT by YMC
hello, similarly Bond Coupon Payment from Reynolds American Inc BATSLN, though this is a UK company, the interest payment is paid in USD, this should be counted as foreign interest as well?
Posted Tue, 24 Sep 2024 09:51:49 GMT by HMRC Admin 32 Response
Hi,
Yes, it should be counted as foreign interest.
Thank you.

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