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Author: GliderGuy One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121261  
Subject: Taxes paid on ADR held in IRA? Date: 8/22/2001 12:41 PM
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Please forgive if this has been discussed before but I couldn't find any reference to this topic after an hour of searching around Fooldom.

I just found out that my Taiwan Semiconductor (TSR) stock paid a 40% stock dividend, which was taxed at a 20% rate (with much discussion on the TSR board). This stock is held in my IRA. Does anyone understand how this is handled from a IRS standpoint? I can do the math to come up with the new share value but how do I (if possible) recover the foreign tax paid on an IRA holding?

Cheers,

Rick (aka GliderGuy)
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