RE: USA holders30 Apr 2017 08:21
I understand you can hold foreign stock in an isa.
Isas will shelter you from UK income and capital gains tax on foreign shares, but don’t receive special treatment from tax authorities in other countries. This means that, if the foreign government deducts withholding tax from dividends, you will suffer the same deduction that you would if you held the same share outside an Isa.
Second, make sure you fill in a W-8BEN for US shAres otherwise the withholding tax rate doubles from 15pc to 30pc.