Freeport-McMoRan (FCX)

[eddy2]

Because Tim it has been quoted that the government can’t get blood from a stone. A company has the choice too withhold the tax as there own debt. Pay the tax for the investor or pass it on too the investor. Paying it is like receiving a dividend with the tax paid so of course if sold the tax would have to be paid or deed a gift too the institution your brokering your account with.

The other does the same.

You want to balance out your portfolio when doing this. I highly recommend you talk to a very ,very good tax accountant or the broker him self. If you have another account set up with another broker often they will work together in assisting you in you endeavors. Trust is the name of the game. You got to trust them. They are often your last resource.

Again not all of them have your best interest. The full service brokers are fantastic, highly recommend them. You may pay a little more but they truly have your back.

Best of luck Tim. If you can, make sure you read the new tax reform just released in all three North American country’s. Any other country that your company of interest has a interest you should read those as well because of unilateral agreements between institutions.