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Biotech / Medical : ELBIT MEDICAL IMAGING - EMITF - U.S. OTC -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (65)5/12/1998 7:36:00 AM
From: Joel Green  Respond to of 79
 
Peter- You will pay income tax on any dividend paid. The 25% tax withheld will become a foreign tax credit that is deducted dollar for dollar against any income tax you owe. However your are correct. All dividends paid by any company are doubly taxed by the IRS.