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To: zebra4o1 who wrote (160558)12/1/2011 10:39:27 AM
From: Bwana Jim  Read Replies (1) | Respond to of 206101
 
I don't know about Switzerland, but with Canadian stocks we (US citizens) do not have to pay the tax on dividends if the stock is held within a tax-sheltered account. We have an agreement with Canada on this. These withholding agreements are negotiated on a country-by-country basis.



To: zebra4o1 who wrote (160558)12/1/2011 11:33:56 AM
From: Paul Senior  Respond to of 206101
 
Yes, you pay a HEFTY tax on Swiss-domiciled companies that pay dividends.

seekingalpha.com

You didn't really believe the Swiss would miss an opportunity to sock it to foreigners, did you? -g-

That would be regardless of whether the stock is held in taxable or tax-sheltered account. And if it's in a taxable account the total amount is USA taxable to you for that year. That USA total amount is offset in that you can claim a credit or deduction for the amount of the foreign taxes you pay.

(Regarding Canada, afaik, the tax was changed this year: no foreign tax withheld if dividend is in tax-sheltered account. 15% though if in taxable.)

Jmo. I'm no tax expert.