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.
As seen in the table below, qualified dividends are taxed at much lower rates than ordinary dividends, which can be taxed as high as 39.6%. For example, a taxpayer in the 35% tax bracket that receives $10,000 of ordinary dividend income would be on the hook for $3,500 of taxes. However, he or she would only owe $1,500 if the dividend income was classified as qualified dividends.