You know what’s worse than tax withholding? Foreign dividend tax withholding, where the government withholds taxes on dividends to foreign residents. The corporation has already paid corporate tax on the money. The leftover profit is distributed as a divided to owners and the government withholds taxes on dividends paid to a foreign resident the government has never and will never provide any government services to.
Oct 4, 2023
at
12:27 PM
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