Is Trump’s ‘Revenge Tax’ About to Shake Your US Investments—And How to Outsmart the Storm Before It Hits?
Many Monevator readers already pay withholding taxes on US equities and bonds, although that’s not always apparent.
For example, a non-US domiciled fund will pay withholding tax on your US income before distributing the balance as dividends or interest (or reinvesting the cash back into the fund.)
That’s so much background. The nub of the problem is that anyone paying US withholding tax – whether directly or indirectly – could be in the firing line.
WHT? WTF more like
The main rate of US withholding tax is 30%. It’s levied on income, not capital gains.
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