Taxes aren't
withheld by your brokerage or the company paying you.
In terms of capital gains, non-resident aliens are subject to no U.S. capital gains tax, and no money will be
withheld by the brokerage firm.
This could only occur if commissions are
withheld by the brokerage and not paid out to associates immediately upon receipt.
Not exact matches
I only have a vague idea about the dividends that are paid out, the fees collected
by brokerages and fund companies, the taxes
withheld or penalties charged!
It's clear that you're never to put any of your interests first — which means you may be violating the law
by not working with co-operating
brokerages,
withholding listing information and not sharing commission.
While there was no dispute that the two licensees had received Backcharge payments in the past, the court found that the
Brokerage had not established a fixed Backcharge policy when a salesperson departed the
Brokerage, with the evidence showing the determination of the amount of
withheld commission was determined on a case -
by - case basis.
By looking at how the
Brokerage had treated the commissions owed to the Licensees following their departure from the
Brokerage, the trial court found that the
Brokerage's own conduct supported a conclusion that no fixed policy existed: in one case, the
Brokerage assessed a ticket charge; in another, a little less than 50 % of the commission was retained; in another, 75 % of the commission was
withheld; and in two others, 100 % of the commission was
withheld.