01-10-2016, 05:54 PM
(01-10-2016, 11:36 AM)Dividendsrule Wrote: Yeah my understanding is it's the same as UL.
I went through my account and I made a mistake, no ADR pass through fees for DEO but there is a pass through fee with UL. Both companies are U.K. businesses and are subjected to taxes unless held in a retirement account such as an IRA due to U.S./U.K. tax treaties. The pass through fees are small, average 1 to 3 cents per share and are collected when dividends are paid, you'll see the fee on your statement.
On a side note, foreign taxes are held from that respective country before cash dividends reach your account.