A tax voucher is a statement issued with a dividend or interest payment that shows the gross amount, any tax deducted and the net amount paid to the holder. It is produced by the company, its registrar or paying agent, or by the bank or custodian that credits the income, and is also known as a dividend voucher, tax certificate or credit advice. Funds issue similar vouchers for their distributions.
The voucher is the investor's evidence of the income received and of any withholding tax suffered. It supports the investor's own tax filing, a claim for double taxation relief at home and, for foreign income, tax reclaim processing in the source country. Because a voucher can unlock a refund, tax authorities expect only one to be issued for each payment of tax; duplicate or unsupported certificates were central to the cum-ex dividend trading scandals in Europe, and rules on who may issue them have since been tightened.