It looks like ADR banks must withhold tax on hefty reimbursements to companies in Asia, Latin America and elsewhere
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A ruling from the US’ Internal Revenue Service (IRS) last month has some American depositary receipt (ADR) issuers in a tizzy over a bump in the cost of listing in the US. ADR depositary banks are also busy grappling with an issue that cuts deeply into the way they compete ...
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Ipreo: Global Equity Assets Report - Q4 2011
Dix & Eaton: Are you ready for the public?