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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by Sil.Don Aug 05, 2012 11:11am
498 Views
Post# 20185985

RE: RE: RE: RE: Tuesday last day to buy before div

RE: RE: RE: RE: Tuesday last day to buy before div

There must be advantages to Companies using Canada, they seem to headquarter a large number of resource companies with operations elsewhere.  Obviously the announcement of the large dividend caused a 50%+ spike in SP and has attracted many Canadian and U.S. buyers as we apparently have a large tax advantages over other countries.  It appears that U.S. citizens owning the stock in a Roth IRA avoid all taxes on the dividend.  Probably the same applies to Canadians owning in one of their retirement plans.  Do Germans have any tax treaties with the U.S. or do you pay the same rate on U.S. dividends as you do on the Mart dividends?

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