It sounds to me for a small amount (< $300) of foreign taxes being withheld annually, it's no big deal to an individual investor since you get a dollar-for-dollar credit right on the 1040, but I'd like to get confirmation on this. What I'm suggesting is that in this case, although some of my money ends-up in Spain*, it's not going to effect the amount of money I fork over, correct?
--Dale--
- I started here in the good old US of A with Pacific Power, which became Pacificorp, which got bought by Scottish Power, which got bought by Iberdrola. So I'm taking the ADS European tour without leaving home. I wonder where I'll end-up next!