Post #45 by knighttof3 on the Mechanical Investing board

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No. of Recommendations: 3

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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