Snow: Taxes are paid in the country where the profits are earned. SIAF is headquartered in the US. Additional taxes are paid only if you want to bring this money back to the US resulting in paying taxes in the us equal to the difference between the US tax rate and the rate paid in the country the money was earned. It is going to be interesting to see what the tax rate is on our dividend received this year.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.