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Review problem on fund abc

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Reference no: EM131759317

Question: Fund ABC owns a large position in XYZ stock which is a US company. XYZ stock is going to pay a large dividend. Fund ABC is located in the Cayman Islands. The Cayman Islands does not have a tax treaty with the United States. The fund tells you about this situation. What advice do you give to the fund?

Reference no: EM131759317

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Review problem on fund abc : Fund ABC owns a large position in XYZ stock which is a US company. XYZ stock is going to pay a large dividend. Fund ABC is located in the Cayman Islands.
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