This is a hypothetical question… If I own shares in a Nasdaq listed company who are subsequently acquired by another company, as a cash buyout - are the US taxes automatically deducted by T212? I’m in the UK…
None will be due
more character
More character? Please explain?
That’s me trying to hit the stupid character limit.
No US tax is due on an acquisition to the US. Your own jurisdiction rules may differ based on caps etc.
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Ah gotcha, OK great thanks for getting back. Appreciate it.