Please advise of your understanding of whether Brazil will tax any of the following:1. Dividends to a U.S. holder of UGP (the American Depository Receipts) who holds the shares in an IRA?2. Gains on sale of shares of UGP by a U.S. holder who holds the shares in an IRA?Thank you.
Just to help clarify a little,I own 400 shares.The ex-dividend date was Feb 23On March 17, I received $225.27 "Qualified" dividends into my Schwab account.Tax was $.86 - I was happy to pay!!
1. yes2. no