Saturday, 21 April 2012

Elec&Eltek

Been looking at Elec&Eltek but I heard that there is a withholding tax on US stock?

Is it true? Should I invest in companies that deals with US$?
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2 comments:

  1. Going Merry23 April 2012 at 08:45

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    1. Going Merry23 April 2012 at 08:51

      Hi, there is a 30% withholding tax on dividends of US Stocks listed on US Stock Exchanges.

      whether you think it is worth the while depends on how much div u will be getting.

      also the company must have proven records that it can grow. eg macdonalds, intel

      My 2 cents worth

      good luck

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