Total SA: This Dividend Stock Could Be Your Own Personal Oil Well

For a couple reasons, I have never bought any stock in Total SA:

-The French government is a taxing nightmare. Last year, Total SA had a 55% income tax rate, and there is pending bills in the French legislature aimed at increasing Total SA’s tax burden even more.

-The foreign withholding tax on Total SA dividends is obnoxious to deal with, and is especially burdensome if you own your Total SA shares in a retirement account since you won’t be able to recoup the taxes that the French government chooses to levy upon your dividend checks.

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