Uncertified Account
I have a client who has shares in a bank based in South America. It is called Banco Bilbao Vizcaya Argentina. It is an uncertified account. On his statement it says uncertified accounts are subject to withholding taxes on dividend payments and sales proceeds. Does he need to have this account certified? Also, what does it mean to have it certified?
Submitted by Jennifer Poole on Fri, 2017-05-05 22:05