Go to LVMH. Over the years, I've realized that Kering can't do anything. You can create value regardless of the share price and that's always been the case with Kering. It did very well in the short term, hence the share price, but the owner family never looked at the share price. More than halved with the best brands in the world is simply sick.
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@topicswithhead I'm also more into LVMH.
But doesn't that stupid withholding tax bother you there?
But doesn't that stupid withholding tax bother you there?
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@Timurkeser So alcohol in the company bothers me...
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•@Timurkeser no longer invest in either. But I would invest in Dior and take the small discount with me. Then the taxes won't hurt as much.
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•@Timurkeser don't you mind the approx. 60% you have to pay in taxes every month for hard work, just like that . 😅
Always think positive, at lvmh it's only 15% for doing nothing, at father state over 60% at 35std/week...
That's how I talk myself into it 😂
Always think positive, at lvmh it's only 15% for doing nothing, at father state over 60% at 35std/week...
That's how I talk myself into it 😂
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@topicswithhead that's exactly how I do it ;) finally someone who has understood it.
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•@Coyote980 15%?
Let's say, to make it mathematically simple, I get a dividend of 100 euros.
Then 30% is already deducted directly from France or, in other words, I only get 70 euros.
And then I have to pay tax on that again here, don't I?
Or do I just have a stone in front of my head 😂🙈
Let's say, to make it mathematically simple, I get a dividend of 100 euros.
Then 30% is already deducted directly from France or, in other words, I only get 70 euros.
And then I have to pay tax on that again here, don't I?
Or do I just have a stone in front of my head 😂🙈
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@Timurkeser 😂 oh normal, I don't always check through there either, I only started in December.
So yes, they deduct 30% ..... but you can claim 15% back...which is stressful in France 😅
In the USA this happens automatically, have a look at your dividend statements ...
At Realty, for example, they only deducted 15% because they have the agreement with Germany...this withholding tax.
But as far as I know, I'm going to do one of those advance notice things in France at some point when it's worth it...you can exempt it five years in advance...
One big stress, then five years of peace .
If anyone knows more, let me know 😂
So yes, they deduct 30% ..... but you can claim 15% back...which is stressful in France 😅
In the USA this happens automatically, have a look at your dividend statements ...
At Realty, for example, they only deducted 15% because they have the agreement with Germany...this withholding tax.
But as far as I know, I'm going to do one of those advance notice things in France at some point when it's worth it...you can exempt it five years in advance...
One big stress, then five years of peace .
If anyone knows more, let me know 😂
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