Est. 2005 · Relaunched for 2026
Own the world's companies. Keep more of what they pay you.
Plain-English guides for American investors in foreign stocks: how ADRs really work, what foreign governments withhold from your dividends, how to get it back, and how to read a Canadian junior miner's filings for yourself.
| 🇨🇭 | Switzerland Domestic rate 35% | 15% |
| 🇯🇵 | Japan Domestic rate 15.315% | 10% |
| 🇨🇦 | Canada Domestic rate 25% | 15% |
| 🇬🇧 | United Kingdom Domestic rate 0% | 0% |
| 🇧🇷 | Brazil Domestic rate 10% | 10% |
Rates verified October 24, 2026. See all countries →
Four desks, one goal
Each section builds from the basics to the details that cost investors real money.
ADRs 101
How American Depositary Receipts work: depositary banks, ratios, fees, dividends and what happens when a program ends.
Foreign Dividends & Taxes
Withholding, treaty rates, the foreign tax credit, IRAs, PFICs and the forms that come with foreign stocks.
Canadian Junior Mining
Reading drill results, NI 43-101 reports, financings and filings for small Canadian mining and exploration companies.
Investing Abroad
How to buy foreign stocks from the U.S., currency risk, OTC markets, market hours and foreign financial statements.
Country guides
Withholding, treaty rates, trading hours and well-known U.S. listings, market by market.
🇦🇺 Australia
15% withholding for documented U.S. investors
🇧🇷 Brazil
10% withholding for documented U.S. investors (no treaty)
🇨🇦 Canada
15% withholding for documented U.S. investors
🇫🇷 France
12.8% withholding for documented U.S. investors
🇩🇪 Germany
15% withholding for documented U.S. investors
🇮🇳 India
20.8% withholding for documented U.S. investors
🇯🇵 Japan
10% withholding for documented U.S. investors
🇳🇱 Netherlands
15% withholding for documented U.S. investors
🇨🇭 Switzerland
15% withholding for documented U.S. investors
🇬🇧 United Kingdom
0% withholding for documented U.S. investors
The Canadian Juniors desk · Now under independent ownership
Read the drill holes yourself
Junior miners are where fortunes are made and, far more often, lost. The difference is usually whether an investor read the technical report, the share structure and the financing history, or just the press release.
Our guides teach you to do the reading: what a gram-metre is, why inferred resources can't support a mine plan, how warrants dilute you, and how to spot a paid promotion.
Free tools
Private calculators that run in your browser. Nothing you type leaves your device.
ADR Price Converter: ADR vs Home-Market Price
Convert a foreign share price into its implied ADR price using the ADR ratio and exchange rate, and see whether an ADR trades at a premium or discount.
Foreign Dividend Withholding Calculator
See what a foreign dividend nets after foreign withholding, ADR fees and the U.S. foreign tax credit, in a taxable account or an IRA, for 10 major markets.
ADR Fee Estimator: What Custody Fees Cost You
Estimate the annual depositary (custody) fee on an ADR position, the fee as a percentage of your holding and of your dividends, and the cost over time.
Compare Countries: Withholding, Currency & Hours
Compare foreign markets side by side for U.S. investors: dividend withholding, treaty rates, cost of over-withholding, qualified dividend status and trading hours.
Share Dilution & Cash Runway Calculator
Model how a private placement with warrants dilutes a junior mining company: new shares, fully diluted count, your ownership and months of cash runway.
Drill Intercept Calculator (Gram-Metres)
Turn drill results into gram-metres or percent-metres, adjust core length to estimated true width, and compare up to four mining drill holes side by side.
Our standards
Education, not tips
We don't sell stock picks, we don't take money from companies we write about, and every tax rate on this site links to the source it came from. Our job is to make you a better-informed owner, not to tell you what to buy.