02-10-2016, 01:17 PM
Sorry guys, confirmed with Bank in NY who does their ADRs.
Withholding tax of 27%, if claimed with paperwork, withholding tax is 15%. Even in IRAs.
Only exemption is in 401s and pension plans.
That's a bummer. I'll probably just keep my small position for the capital gains, they will probably be a beast going forward.
Withholding tax of 27%, if claimed with paperwork, withholding tax is 15%. Even in IRAs.
Only exemption is in 401s and pension plans.
That's a bummer. I'll probably just keep my small position for the capital gains, they will probably be a beast going forward.