Whats this years book keepng charge gonna be with jp morgan in and mellon out .02 per share or a flat fee ....? Still a puzzle how ican buy 100k or more shares for 7 bucks or less but was charged .02 cents per share for an adr book keeping fe e
Your going to fee get a adr maintenance fee its a paris based company you own adr if your in the usa... .02 cents per share owned by the bak holding company for alu doing business in the usa... Last year it was melon bny this year its jp morgan handling the paper work
Also, is this a tax deductable expense? If so, how do we deduct? like a margin/interest type? I totally agree with your argument and this is a pure ripoff since lot of us here hold huge number of shares due to the low price of ALU!