Guy Fieri and the lead singer of Smash Mouth are the same person. shared Santa Cruz Beach Boardwalk's event. Â· August 10, 2015 Â· If you live in Northern California, come to this.
In the United States, it's pretty simple. If you receive a dividend from a foreign company, typically it's going to be characterized as a qualified dividend, taxed at 15% or 20%, if it's in a taxable account, and then tax-deferred if it's in an IRA or a 401(k) plan, or something like that.
The statutory path to this conclusion seems to be purposefully convoluted, so bear with me. First, the proposal creates a new category of intangible income referred to as global intangible low-taxed income, or âGILTIâ (which is as about as good as tax humor gets). A U.S. shareholder must include in gross income its GILTI as a deemed dividend.