Recent content by Stock Control

I'll look into that some more. UK stamp duty on ETFs was abolished in 2013. I'm considering opening a Nabtrade account for AU shares and opening a UK stockbroking account for UK shares. I can convert AUD to GBP at midmarket rates and then purchase the shares directly in the UK account. It will...

The US assets issue is why I am reluctant to use my Interactive Brokers account for my whole portfolio. IB holds customers' funds in US banks and US treasuries. See http://ibkb.interactivebrokers.com/node/2012. UK and AU assets are okay.

Yeah I feel pretty much the same way. I think it's possible that it might not apply due to tax treaties or because of some other clause in the law, but going that route means that you need to find and employ an advisor who knows, understands and can interpret the law, hope that that person's...

Good question! But from the IRS website: "Deceased nonresidents who were not American citizens are subject to U.S. estate taxation with respect to their U.S.-situated assets. U.S.-situated assets include American real estate, tangible personal property, and securities of U.S. companies. A...

Hi all I'm looking to invest $2m in low-cost ETFs on the Australian and UK stock markets. Most of the portfolio will go into Australian Vanguard ETFs but about $300,000 into the UK stock market to get access to ETFs that aren't available on the ASX (such as a Global Value ETF) or have lower...

I've had some chats with two Interactive Brokers' customer support reps about why I am unable to see the "Fixed income" category in the trading configurations settings. According to both of them, Australians are not allowed to trade in bonds due to "regulatory issues" but they were not able to...