12-22-2017, 09:17 PM
Well, when the dividends are reinvested RDS.B shares are not issued only RDS.A shares. When I was with Vanguard all my reinvested dividends became RDS.A shares; however, when I transferred everything over to Fidelity RDS.B shares dividends are received in cash while RDS.A shares are reinvested back into the security. I don't know if that's something with RDS or Fidelity/Vanguard? I do know I was able to sign up for the scrib with Vanguard but Fidelity doesn't participate, so that could have been an issue. In either case, I have the reinvest divi option on for both classes and no taxes are withheld so I'm fine with the investment in my ROTH. I'm not sure how this would work since your securities are in two different types of accounts, I'm assuming if RDS only issues one class in divi's then you'd have to own both classes in the same account.
Foreign investments can be confusing and this was one of them due to Dutch taxing laws.
Canada on the other hand was very cut and dry and easy to understand. All these foreign/U.S. tax treaties are different from country to country, including their tax rates.
Foreign investments can be confusing and this was one of them due to Dutch taxing laws.
Canada on the other hand was very cut and dry and easy to understand. All these foreign/U.S. tax treaties are different from country to country, including their tax rates.