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To: Joan Osland Graffius who wrote (203722)	11/10/2002 6:10:14 PM
From: maceng2	Read Replies (1) \| Respond to of 436258

Hi Joan, Re dividend tax. I wondered for some time if I owed UK stamp duty payable on buying of my USA shares as a UK citizen living in the UK. As I did some trading, I could have racked some some heavy expenses. After checking into it a little I found I did not owe stamp duty on my shares and stuff I purchase in the USA. The rule is, its not who you are, where you live, or even if you are a UK citizen or not. Shares of any company run though UK based exchanges automatically deduct stamp duty. I suspect there are some taxes on dividends that do the same thing, i.e: the same rules apply. SDRT inlandrevenue.gov.uk Thats why I prefer USA shares and exchanges. You might want to search here. I saw some stuff on double tax relief for the USA, but I am no expert on this stuff. inlandrevenue.gov.uk I apologize in advance for living in such a F**ked up country with all these stoopid taxes and charges.