What an awesome stock! Just wonder if the $0.57 dividend becomes reality, will there be a with holding like there is with U.K. stocks? Thanks to all for the excellent posts--it helped me the courage to step up and buy more AMX at a higher price than my original purchase.
I cannot remember any Mexican taxes being withheld on any of the dividends of this stock but this could be the first time. If taxes are withheld, you can deduct them as a "foreign tax" paid when you file your US income tax return. But let's not let the potential for a tax dampen our enthusiasm over the upcoming dividend.
I'm baaaack.From the way it looks now, I should leave again and NEVER come back!! What a stock! What a coumpany!! What a jump. Hope all is well with you guys. Had some fun. Froze my ass off and got a couple more deer. All in all a great trip! What a pleasant surprise when I got back!!! Semper Fi!!
"If taxes are withheld, you can deduct them as a "foreign tax" paid when you file your US income tax" As a point of clarification, it is not a deduction (reduction in net income) but a TAX CREDIT- reduction in taxes paid