10-30-2018, 01:43 PM
(10-30-2018, 10:45 AM)Kerim Wrote: That's super helpful -- thanks!
So when you're calculating the current yield of such a company, I suppose best to use the reduced amount (that is, net the 15 percent), and just do your best to rough guess the currency conversion.
Well, I'd suggest finding out your own taxation laws and then make the calculations based on that. If it's a 401k or some other one where the divs are not taxed at all, then it might be what you described. I don't know if you can use the taxes as deductions at a later date. Or even deduct them from something else.
Personal example: it's all the same whether or not there is a withholding tax. I buy from states, I pay 15% withholding to USA and then I get taxed another 15% at year end by my own country. If there is no withholding, I'll just pay 30% at year end. With local stocks the withholding is 30%. It doesn't matter for total income, I'll end up paying the same, only difference is when the money actually leaves my account.