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Investment Strategies / Index Investing
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Author: knighttof3   😊 😞
Number: of 289 
Subject: Foreign ETFs in US 401k/IRAs
Date: 06/05/23 1:02 AM
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I wanted to point out to Usians:
since you can't claim a tax credit for dividend tax withheld in foreign stocks if held in a tax-deferred account, if you want to hold foreign stocks/ETFs, choose low dividend tax countries.
So not Switzerland with its 35% withholding. Buy Nestle in your taxable account. OTOH these are OK:
UK, China, Hong Kong, Singapore, Brazil, Saudi Arabia; most Eastern European countries.
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