Recent content by AlexGE

How do they check if you are a resident of a particular country or not? I mean I can buy a car in Germany and drive in Spain. At what point am I gonna get in trouble in this case?

IMO You don't have to worry about it. The banks keek track of all transactions (at least 10 years , depends on a country), so if tax authorities want to talk to you - they'll find a way to do that. As I rule of a thumb I'd assume that at present time all your transactions are reported already...

Sounds too good to be true! What's the title of the law? Are there other countries in EU with similar rules?

Yes, you'll pay 15-30% as a WHT on any interest from US domiciled ETFs. So 5% 1year US Bills * 0.7 = 3.5% real interest rate

What's so interesting about Amex? Why there's so many questions about it? sorry for a newbie question

No way to do that in EU due to PE rules ...

Looks like there's an issue with a Romania company: it has to pay 1% of turnover and there's a chance that all the invested amount as soon as I be returned to the company will be taxed ..

An employee should be a resident of Romania? Any social taxation \ limits on salary?

Even thou Cyprus would have a substance and the investment income won't be the main source of income for the company?

Yes, for some ETFs that's a solution but they are sometime not tradable (low or no liquidity, wide spreads and on) and I hold some stocks directly, not through ETFs

I live in a country that doesn't have a DTA with USA. at the same time US market provides the best exposure to ETFs that cover an entire world. When I receive any dividends the WHT is 30% , so I'm looking for a way minimize it to at least 15% as if my country had a DTA with US. Obvious...

Can you please post the name here? Reviews are really valuable

I wouldn't ask here if I had one :)

Dividends are taxed at 50% of my regular rate They did send "Financial statements" and an email like "We've sent you your dividends" but that's it. I didn't ask them yet, wanna make sure I know what to ask )

What What a nice way to think about ppl you don't know :) I own a share in a PE fund, they do send out "Financial statements", but I don't see anything that looks like a "bank statement" and a "paid tax". are you sure they have to send bank statements and some proofs of paid tax to each...