> A related question: is foreign tax withheld the same as
>> foreign tax paid? Or does the withholding suggest that I
>> should really be filing some kind of tax return with the
>> foreign jurisdiction, computing a tax and possibly paying
>> more than was withheld _or_ even getting a refund?
> Dan, I called JPMorgan, who manages my ADR's and they said
> it would cost one or two hundred dollars in fees to various
> different entities to file for a refund, and even then you
> could only get back 3%. So getting a refund was a
> non-starter for my chump-change investment.
If JPMorgan do it, then I can well imagine that it might cost a couple of hundred dollars. Otherwise it should not cost you anything, apart from your time and some postage. There may even be special simplified forms for reclaiming excess tax withheld. The more important point is that you can only deduct or take credit for foreign tax that you actually owe, not tax that was withheld and you could not be bothered to reclaim, so you need to calculate your foreign tax liability anyway.
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