Tax-Optimize Foreign Broker Rebates

Taxes Eat Yield

When signing up with foreign brokers, be mindful of:

• FX fees on deposits and withdrawals
• Withholding taxes on dividends
• Local tax reporting complexity

Optimization Tips

• Use brokers that offer tax certificates
• Hold tax-efficient ETFs
• Keep trades inside tax-advantaged accounts

Don’t let the IRS or your home tax office eat your alpha.