Originally Posted by Burleyboy
Originally Posted by hasbeen1945
Originally Posted by Crow hunter
I've bought some oil company stocks over the last couple of weeks, BP, XOM, and RDS-A & B. $20 oil isn't going to stay that way long so I grabbed some at the cheap prices.

RDS/a pay tax on dividends to the Dutch. I would stick with b shares.
Read recently that some missiles were intercepted over Saudi Arabia. A few direct hits would send oil sky high.
Hasbeen



Yes, if your in the US always buy RDSb not a. Unless your a European citizen you pay a 15% tax on a share dividends. b shares are from the British exchange and don't have the 15% dutch tax. I had to explain this to my broker a few weeks ago. He tried to buy me a shares because that's what he had just bought himself. I insisted on b shares.

Bb


Well sheit, this is good to know. I bought RDS/A shares on 3/18 for 22.45. Sitting on a 73% gain right now, but didn't know about the tax on dividends. Things were moving so quick that day I wanted to get money to work.

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