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palaypu0406

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palaypu0406

Re: snow post# 8449

Friday, 12/08/2023 7:49:42 AM

Friday, December 08, 2023 7:49:42 AM

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The base is $0.01 Snow but you are not selling any shares to have payout...
What comes to you is dividend income/cash grant which is also treated as income payout.
The first quarter payout is a non-qualified dividend per US Tax Laws.The later dividends qualify as qualified.
However, as a non-us payout how it gets classified depends on the respective treaty agreement ...
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