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cpa28761

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  • Procter & Gamble: Another Dividend Hike For This Dividend Champ [View article]
    Albert, aren't you implying that consumer staples stocks are no more than bond proxies if the market uses dividends as the principal vehicle for determining price? If you'll read the research of S&P and look to the funds that hold JNJ, you'll see that the investment community sees PG, KO, and JNJ as a growth stocks.

    Long: PG, KO, JNJ
    Apr 20, 2015. 08:41 AM | 2 Likes Like |Link to Comment
  • Forever Blowing Bubbles: Coca-Cola's Bid To Stay Afloat [View article]
    I have spoken with several physicians. There are no health benefits from organic food. There is no scientific basis for claims of harm from GMO's. Cardiac patients have been told that vegan diets deprive their heart muscle of needed protein. Nothing, IN MODERATION, is harmful.

    Furthermore, it is all well and fine for some elites to participate in these fads where food is relatively cheap and plentiful, such as in the USA. In much of the world, GMO's that are resistant to drought and insects are providing food where famine once prevailed.
    Apr 18, 2015. 10:52 AM | 1 Like Like |Link to Comment
  • Forever Blowing Bubbles: Coca-Cola's Bid To Stay Afloat [View article]
    >>>You have neither read widely nor deeply on this subject. I point you merely to one book, Excitoxins, The Taste That Kills, by Dr. Russell Blaylock. Nuff said.<<<

    The teachings of Dr. Blalock run contrary to those of the bulk of the scientific community and seem to be influence by political conspiracy theories.

    Additionally "merely to one book" hardly constitutes reading "widely" or "deeply".
    Apr 17, 2015. 10:04 PM | 1 Like Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Allen, there is way to avoid foreign currency risk with any large company. It is only "in-your-face" when the dividend is paid in a currency other than US$. However, the risk is just as real as the headlines today are showing.
    Apr 17, 2015. 08:21 AM | Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    The arrangement with Fidelity is automatic as near as I can tell. However, before committing, it may be a good idea to call. Notwithstanding my moniker, it has been several decades since I was involved in any taxes other than my own. However, if you are seeking a 30% credit, would you have to be in a least that marginal tax bracket in the USA to get that high a credit?
    Apr 16, 2015. 10:19 PM | Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Uncle Pie, I would still check with my broker. I do not see a reason why the withholding should not be at 15%. I only pay Fidelity $7.95 per trade to get this service for free.
    Apr 16, 2015. 09:16 AM | 1 Like Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    vxmike, finally someone who understands. I'll give you one more. Put Canadian dividend stocks in your IRA. Under tax treaty between the USA and Canada, there is no withholding at all.

    Long: RY and TD (in my IRA)
    Apr 16, 2015. 06:25 AM | 3 Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    ...or, Allen, you can ask your broker why he is not taking care of the necessary filings. There are a dozen French companies with ADR's traded in the USA. If the tax consequences were as dire as you claim, those companies would be wasting their resources to be listed. In addition to TOT, SNY and ORAN pay a dividend.
    Apr 15, 2015. 10:45 PM | 1 Like Like |Link to Comment
  • Darden Could Teach McDonald's Something [View article]
    Isn't it the mission of every Attorney General in New York to conduct a crusade to show himself as a champion of the people so he'll have something on which to base his future gubernatorial campaign?
    Apr 15, 2015. 10:13 PM | Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Uncle Pie, I use Turbotax Premier as well. I didn't get 100% of my foreign withholdings back due to limitations in some years, but the software does a great job of keeping track of the carryforwards. I have a very small carry forward to 2015 at this point.
    Apr 15, 2015. 10:09 PM | 2 Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Uncle Pie, I don't do anything. I first acquired TOT thru Smith Barney. I have since added to my holdings with Fidelity. In each instance, my broker took care of all the filings with the French and American taxing authorities. My withholdings have always been 15%. It was not until today that I learned what goes on behind the scenes.
    Apr 15, 2015. 09:41 PM | 1 Like Like |Link to Comment
  • Procter & Gamble: It Is Time For Some New Blood [View article]
    What makes you think the sales of brands are at other than arms' length?
    Apr 15, 2015. 07:03 PM | Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    In the worst case, the withholding is 15%. So 6.0% becomes 5.1%. How does that compare to the yields of CVX and XOM?

    Long: CVX, TOT
    Apr 15, 2015. 05:55 PM | 2 Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    How is the withholding a "killer"?
    Apr 15, 2015. 05:27 PM | Likes Like |Link to Comment
  • Total SA - Buy This Stock Now [View article]
    Uncle Pie,

    From the Total website:

    "Under the provisions of international tax treaties signed by France, the default French withholding tax rate is 30%. Certain shareholders may qualify for a reduced rate of 15% by filing completed Forms 5000-EN (for future dividends) and 5001-EN (for dividends already paid) with the French tax authorities.

    "Forms 5000-EN and 5001-EN must be certified by the tax office of your home country and sent by your paying institution (the bank which pays you the dividend) to the French “Centre des impôts des non-résidents...”

    http://bit.ly/1NLgY0z

    I guess my "bank" is Fidelity, which files on Form 5000-EN.

    This is corroborated by the French Embassy in DC.

    http://bit.ly/Va36RV

    "Dividends paid by a French company to an individual resident of the United States, are subject to a 15% withholding tax in France.

    "To benefit from this 15% reduced withholding rate , the US residents must first provide the paying agent with a certificate of residence for the application of tax treaties forms 5000-EN and 5001-EN This form must be accompanied by a certificate provided by the US tax authorities (form 6166) or be validated by a US financial institution.

    "In order to obtain the US form 6166, the taxpayer must file the US form 8802 available on the IRS web site http://www.irs.gov."
    Apr 15, 2015. 05:18 PM | 1 Like Like |Link to Comment
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