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karw

02/05/11 4:15 PM

#33709 RE: Adam #33708

Hi Adam,
Based in Holland(Europe), tax is only on capital(1.2% per year), not on transactions and dividends etc. Capital flows more freely in this way and seeks highest performance. My portfolio reporting is always corrected for tax, 1.2% of the value is deducted on 1st of January.
Or Native American? or the king himself?
No privileged position here.

Best, K