Hi. I have a question on ETFs. I'm a EU resident. Let's say I buy a US ETF that holds mostly Asian assets. How do withholding taxes work? Is it correct that first the underlying pays withholding tax in Asia and then the ETF in US and finally I pay upon receiving dividends in EU? Frankly, since the underlying would pay corporate tax, this would be quadruple taxation.
Submitted May 11, 2017 at 06:52PM by MagnificentCat http://ift.tt/2q8qsvM
