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Fee deducted from foreign dividend
We received a foreign dividend where they deducted foreign
tax AND a fee per share. How do we handle this fee in
bivio?
Is it deductible?
Joyce,
 
You enter the fee as a deductible expense. You enter the foreign tax withheld on the dividend page.
 
Rip West
Saint Paul, MN
 
The fee is a tax deductible expense.
 
Ira Smilovitz
 
 
 
In a message dated 08/23/09 22:03:53 Eastern Daylight Time, jfurry@bivio.com writes:
We received a foreign dividend where they deducted foreign
tax AND a fee per share.  How do we handle this fee in
bivio?
Is it deductible?