Withholding refund

Detail	Value
Type	withholding_adjustment
Category	income
Ledger treatment	Income

#What we detect

A matching CashDividend version with zero gross cash, positive net cash, and an issuer note saying withholding tax was wrongly applied and is being passed back. The issuer publishes it as a Corrected version of the original dividend, delivered days later as a second multiplier change that starts where the first ended.

#Evidence required

• Everything a cash dividend needs: a standing record, exact multipliers, exact activation time.
• Gross cash zero or absent, net cash positive.
• A note naming withholding (WHT) and saying it was wrong, refunded, deducted or passed back.

#When evidence is missing or conflicts

• Without the note: an ordinary cash dividend, with its gross/withholding/net inconsistency flagged.
• Either way, the original dividend keeps its own evidence. A follow-on Corrected version never voids the version it follows.

#How it is booked

Income, like the dividend it corrects, and distinguishable by type. Withholding is deducted once: LINx 1.12 + 0.48 = 1.60, and NVOx 0.2883412 + 0.1232128 = 0.411554, each equal to the original gross.

#In practice

LINx and NVOx, each refunding tax withheld on its preceding dividend.

#In the API

• v2: type: "withholding_adjustment", treatment: "income", with validation, the lifecycle and the evidence on GET /v2/actions/{id}.
• v1: shown as dividend.