3Mon·

Every little helps

I bought some more $BTI today. Who else?

27.03

British American Tobacco ADR Representing

Bought x9 at $41.06

$369.54

14 Comments

John@Doe

3Mon

Why the ADR ?

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Rendite Rudin@RenditeRudin

3Mon

@Doe Would rather have $ than €

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S.A.U.@SAUgut77

3Mon

@RudinRendite and withholding tax + custody fee...I don't understand why 🤷‍♂️

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Rendite Rudin@RenditeRudin

3Mon

@SAUgut77 no UK, ADR are treated equally, therefore no QST

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S.A.U.@SAUgut77

3Mon

@RudinRendite would be the first ADR I know of...

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Rendite Rudin@RenditeRudin

3Mon

@SAUgut77 don't know if there is a difference between DE and CH. After all, the UK is the final destination :)

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S.A.U.@SAUgut77

3Mon

@RudinRendite As far as I know, withholding tax is levied on US ADRs in Germany + the usual administration fee.

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Rendite Rudin@RenditeRudin

3Mon

@SAUgut77 but I live in Switzerland :) That's why I can't say anything about DE. LG

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S.A.U.@SAUgut77

3Mon

@RudinRendite you also have a different conversion rate to the dollar 😉 ...but that's why from German sicjt ne Plc and everything 👍🏻

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John@Transporter

3Mon

I have 400 pieces, which is currently enough 😉

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Rendite Rudin@RenditeRudin

3Mon

@Transporter Very nice!

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PiHu@PiHu

3Mon

Huhu, do you pay withholding tax on ADR?

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Rendite Rudin@RenditeRudin

3Mon

@PiHu the UK should not levy withholding tax on dividends, not even on ADR. NFA

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S.A.U.@SAUgut77

3Mon

@PiHu you pay withholding tax + a custody fee on the ADR.

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