Trump's "Revenge Tax" On Investors Outside the US
The Plain Bagel 16:01
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00:00 - Intro
01:42 - What Section 899 Does
02:44 - Withholding Tax Basics
04:34 - Impacted Investments
06:37 - What Constitutes "Discriminatory Taxes”
10:21 - Implications for Foreign Countries
12:03 - Implications for the US
14:08 - What Investors Should Do
Hidden in the US "Big Beautiful Bill" is a meaningful tax proposal (Section 899) that will have a meaningful impact on investors outside the US...and the US itself. We explain the change in today's video.
If you'd like to support the channel, you can do so at https://www.patreon.com/c/ThePlainBagel :)
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution, although Richard does work as an employee for an investment manager. Richard Coffin does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers
01:42 - What Section 899 Does
02:44 - Withholding Tax Basics
04:34 - Impacted Investments
06:37 - What Constitutes "Discriminatory Taxes”
10:21 - Implications for Foreign Countries
12:03 - Implications for the US
14:08 - What Investors Should Do
Hidden in the US "Big Beautiful Bill" is a meaningful tax proposal (Section 899) that will have a meaningful impact on investors outside the US...and the US itself. We explain the change in today's video.
If you'd like to support the channel, you can do so at https://www.patreon.com/c/ThePlainBagel :)
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution, although Richard does work as an employee for an investment manager. Richard Coffin does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers
Category (YouTube): Education
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