02-12-2005, 07:14 AM
If you really want to make 100% sure of this , do look it up : on Google or similar ; every last bank in Channel Islands , Isle of Man , Switzerland etc. has long ago already written to everyone of their customers ( those with an EU address ) about disclosure or deduction of tax on interest , dividends etc...
Whilst , as for the U.S. banks , they don't even write to the customer , but rather just deduct the applicable percentage : straight off the receipts into any non-resident's A/c.
( E.g. A South African , resident address in Dubai , would have 30% taken off all interest , dividends , yields etc ...same with a Brit , retired in Croatia etc etc )
Stealth taxation ? You bet!
So , rather than querying the existence/correctness of it , the time is now to join in the just and right guerilla-warfare , to protect and enhance one's own financial resources!
Whilst , as for the U.S. banks , they don't even write to the customer , but rather just deduct the applicable percentage : straight off the receipts into any non-resident's A/c.
( E.g. A South African , resident address in Dubai , would have 30% taken off all interest , dividends , yields etc ...same with a Brit , retired in Croatia etc etc )
Stealth taxation ? You bet!
So , rather than querying the existence/correctness of it , the time is now to join in the just and right guerilla-warfare , to protect and enhance one's own financial resources!