I was fortunate to get some at 79c a couple of weeks ago! My head is expanding as I write this.Yes that one Cromwell pays quarterly at 1.625 cents unfranked so the pretax yield is ok at more than 8% currently. Next entitlement will be around 30th June and it gets paid about 7 weeks later.
Bragging rights go to those who buy below 79.5……
Is there an online broker who does US trades without the use of a custodian, I want to direct own the shares
Would this not then potentially complicate tax residency status?You could apply for an ITIN with a US accountant. Then use the ITIN to open a US brokerage account, which many have no fees in trading.
This opens up your ability to open US personal/business checking accounts which opens the world to obtain US issued credit cards which might be of interest.
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Would this not then potentially complicate tax residency status?
Im thinking more about our own govt !!Depends on how you set it up. Was told by an accountant setting up in places like Nevada, Wyoming there are no CGT on stocks, also setting up via INC/LLC C-Corp you can legally hide assets from certain govt due to privacy laws in state.
Speak to your accountant to find out if this move might be for your or not. But obtaining a ITIN to access free brokerage could be worth it depending on situation.
Im thinking more about our own govt !!