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Re: snow post# 97711

Monday, 12/07/2015 10:40:27 AM

Monday, December 07, 2015 10:40:27 AM

Post# of 163724
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.
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