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Withholding tax on cash received from tendered shares


aad13

Question

Hello,

I have shares of NXP Semiconductors. Qualcomm announced an offer (a long time back!) to buy each share for $127.5 cash. In case China approves the deal and I tender my shares, what will be the withholding tax on it? I know that there is a 15% withholding tax on dividends paid by US-listed companies. But I don't know the tax implications on tendered shares.

Many thanks.

Aad

Edited by aad13
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