Friday, December 16, 2011

Taxable bonds fund - do I receive the dividends after tax? NON US CITIZEN?

Do not buy municipal bonds funds or municipal bonds if you are a citizen of another country. They pay less in dividends or interest because U.S. citizens do not pay tax on them. However, the country where you are a citizen might charge you tax on them, so you will be getting the lower payment rate without the tax savings.

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