Withholding Or Additional Taxes On China OTC Stocks?
I invest regularly in U.S.-listed micro to mid-sized foreign stocks, particularly companies with China-based operations. I have not invested in any OTC stocks yet, partially because I know that I may be subject to withholding and/or additional taxes if I do so. What has your experience been regarding this? When you sell a U.S.-listed OTC stock with China-based operations, are you incurring any withholding and/or additional taxes? If yes, how expensive has it been; and, if yes, is the withholding and/or additional taxes not applicable if you bought the stock as an OTC stock, but sold it as a NASDAQ, NYSE, or AMEX stock?