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Rendite Rudin
@RenditeRudin
5Mes·

Every little helps

I bought some more $BTI today. Who else?

27.03
British American Tobacco ADR Representing logo
British American Tobacco ADR Representing
Acquistato x9 a 41,06 USD
369,54 USD
11
14 Commenti
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John@Doe
5Mes
Why the ADR ?
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Rendite Rudin@RenditeRudin
5Mes
@Doe Would rather have $ than €
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S.A.U.@SAUgut77
5Mes
@RudinRendite and withholding tax + custody fee...I don't understand why 🤷‍♂️
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Rendite Rudin@RenditeRudin
5Mes
@SAUgut77 no UK, ADR are treated equally, therefore no QST
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S.A.U.@SAUgut77
5Mes
@RudinRendite would be the first ADR I know of...
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Rendite Rudin@RenditeRudin
5Mes
@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
5Mes
@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
5Mes
@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
5Mes
@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
5Mes
I have 400 pieces, which is currently enough 😉
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Rendite Rudin@RenditeRudin
5Mes
@Transporter Very nice!
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PiHu@PiHu
5Mes
Huhu, do you pay withholding tax on ADR?
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Rendite Rudin@RenditeRudin
5Mes
@PiHu the UK should not levy withholding tax on dividends, not even on ADR. NFA
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S.A.U.@SAUgut77
5Mes
@PiHu you pay withholding tax + a custody fee on the ADR.
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