4Mon·

New tax scheme for Non US citizens.

$WPC (-1.59%) - I really like this REIT, but beiing located in Germany I am considering a sale with new, additional taxes going into effect for non-US citizens.

4 Comments

Uwe@SchlaubiSchlumpf

4Mon

Where did you read about that?

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NichtRelevant@NichtRelevant

4Mon

@SchlaubiSchlumpf So far it is just a bill, but considering that one can find it in a whole set of different outlets it sounds plausible that it will eventually go into effect.

https://www.financialexpress.com/business/investing-abroad-trumps-budget-bill-proposes-foreign-tax-on-investors-in-american-equities-and-corporate-bonds-3862995/

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Steffen@Maveric2005

4Mon

This would mean that the USA would lose an extreme amount of capital :)

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Uwe@SchlaubiSchlumpf

4Mon

@Maveric2005 this could result in a massive chain reaction. US-stocks are absurdly high. Crumbling stop prices could result in a bigger erosion

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