jajeri3216:


One more

Capital gain tax is exempted For non US residence aliens irrespective of where they live or reside (as long as it is not in the US) withholding tax on dividends is what varies from country to country depending on the tax treaty country of residence has with the US. The same thing for estate tax. Everything I have been talking about relates to non US residence alien. ie you are not a US citizen (or permanent residence) and you don't live in the US.

jajeri3216:


Read what you wrote, this is what I responded to.

Cgt is a taxable income dependent on the tax law's where you're domiciled, dividends are strictly taxed regardless.

Capital gains on stocks are not taxed under us tax laws irrespective of residency or location. Only dividends and the amount deducted is dependent on your country of residence and if they have a subsisting income tax treaty with the US. Otherwise withholding tax is a flat rate of 30% of dividends.

The estate tax applies to all non residents alien (unless again your country of residence as an estate tax treaty with the US) if not, you are subject to it and should you die while holding US stocks 40% of your assets in with a US broker would be confiscated. Including cash deposit with the broker.

jajeri3216:



Check this link, confirms my previous comment

https://www.investopedia.com/ask/answers/06/nonusresidenttax.asp

Did you actually read what your posted.? Capital gains =! Dividends. Capital gains are not taxed. what is taxed are dividends from a US company and 30% of that is withheld by your broker. How is what you posted different from what I have been saying unless am missing something.

jajeri3216:


Isn't that based on where you're domiciled?, like you have to be resident in the us for this to apply.

As for the dividend tax , as far as I know , it's deductible before payment on all platforms, the capital gains tax is based on the tax laws applicable where you reside and not dependent on the broker.

I could be wrong!

This is tax applicable to "non residential alien" to the US. And yes it depends on your location but to the extent if your country of residence has an income and estate tax treaty with the US. On SA and I think Egypt has this in Africa. The tax is meant for non US citizens residing outside the US.

jajeri3216:



Having tried all of them ,t212 is the best for trading, limited ETFs and difficult to fund.

Passfolio is the best for funding , fees , but has teething issues (a lot), mostly ux and functions.

All in I've settled with t212 for fast trades and passfolio for long term.

One key advantage of passfolio for long term, less fees and you can withdraw in dollars even if you deposited in naira, which isn't an option on trove, bamboo and chaka.

Thnaks for the post I don't intend to trade my goal is long term investments in broad based etf using dollar cost averaging. My concern with Passfolio is the US dividend and estate tax. The former allows 30% of dividends accruing to your portfolio to be withheld if they are coming from US based companies or fund like US domiciled etf. The latter is even more draconian, if you have the audacity to die the US would confiscate 40% of your portfolio assets including cash with your broker. This is why I am considering Trade 212. I am still studying their tax laws for the US.

Have anyone here tried passfolio? There are a US based broker regulated by US SEC and member of FINRA, SIPC. They offer commission free trading and have some of the fastest Onboarding process (of all the trading apps) all they require is your BVN (I think they work with Flutterwave to resolve BVN) and that is all the KYC required. no passport or address verification nonsense.
The use drivewealth as their brokerage clearing house so they have all the ETFs and stocks available to bamboo and trove. Drivewealth is also member of FINRA and SIPC and are US SEC regulated.

They allow for bank transfer from a dom and you can transfer naira to them. They have integration with wema bank which they use for naira dollar transfer.

For now it is app only but their online wen trading platform is being worked on.

I only just discovered them but so far I have been impressed.

Ayomarcel:
Please which is the best.. Trove or Chaka?

I dont even know why this is a question or why chaka is even popular on here. First of, chaka has a trade commission of 2% that means chaka would charge you 2 dollars from every 100 dollar of trade buying or selling. This is the highest in the business. Trove charges 1% and Bamboo Invest charges 1.5%.

Chaka has the worst customer service and they are not transparent about ownership of their shares or who their clearing house broker is. Their exchange rate is also the most ridiculous, when I tired them back in September, they were charging 475 for dollars when everyone was charging 465. Did I say how bad their support is? They could not answer most of the questions I asked mostly about stock ownership, do I own the stocks I buy through them or is chaka the custodian owner. I really tried using them but in the end I just felt this is not a serious company.

I am not surprised of their issues with SEC which has banned them from advertising or even selling stocks.

How much is kyb struts and shocks for corolla 2014

GAZZUZZ:


Impressive to see your compressor is still factory. Now to the koko of the matter.


Replace your fan (inspect the holder), it's about to fall apart.

Thanks gazzuzz you are spot on. Decided to inspect the fan and I noticed a screw lodged in one of the blades. I don't know how it got there, it wasn't there to wedge just seem totally random.. The screw was wedged to the edge of one of the fan blade and I had to remove it. After removing it I drove around for some time and idled but the noise did not come back. Even when the fan kicked into high rev (something that usuallytrigher the rattling) it was all quiet. I am still observing sha. Thanks for the pointer.

GAZZUZZ:


Remote diagnosis not available. Make a YouTube video with the bonnet open.


P.s I have a feeling you now have a manual compressor

Thanks a lot boss, Here is the video
https://www.youtube.com/watch?v=MVMB-cfmOrI

Things I noticed when I popped the hood that I had not noticed before
The Rattling noise comes up when the car is at a stop after a long (say 30 minute drive) It seems to be coming from the Radiator and triggered when the radiator fan goes into High RPM. It comes and goes and stops when the Radiator fan is in low RPM.

When the Radiator fan is on high rpm the frontal side of the car vibrates against the body and it cause the rattling noise.. at least from what I have observed.

Hi guys. My 2014 toyota corolla makes some rattling noise after I have driven the car for some time and I am in traffic. The noise is particularly much when the AC is on and goes off when I turn off the AC (for some time) but the rattling noise comes up even when AC is off. It seems to only happen when the car has been driven for about an 1 or 2 and usually when in traffic or when the car is idling.

It doesn't show any other symptoms, drives well accelerates well, gear selection is fine and no issues with over heating. The noise can be loud and annoying though.
It usually goes away once I start driving and or after a couple of minutes it kinda goes and comes.

The way nioost handle deliveries is just a game of chance. It doesn't follow logic of when the item arrived. The back log at the airport is so huge that they pretty much pick them in totally random batches so if u are lucky your package is among the bag picked. There are still under staffed and work less the number of hours.

Some of us will need to wait close to 6 months.

Kamaye:
it is yanwen, ordered on 30th June and arrived Nigeria on 18th July, it was fast but the delay from NIPOST is the reason why it took more than 40 days.

This is so true, I went to NIPOST main office at Ikeja and and also spoke to a contact I have there. The staff are over whelmed and covid situation has not helped matters. They are running on shift and as a result operating at 50% capacity (or less) this means lots of packages are waiting at the airport to be retrieved and distributed.. this can take forever and it also causes irregularities. I was shipped 3 different packages as part of multiple items I got from the same seller. They were all shipped the same day in the same batch and likely came in the same plane to Nigeria. I have only received 2 of 3 and I also received items I got after them.

I still consider myself lucky because I am in lagos and stay in ikeja so my last mile is not long. If you stay in other part of the country then your delay is multiplied.

godspeed:
Hello house,

So I decided to do a minor upgrade to my setup.

My previous setup was 2* 250 watts solar panels (poly)
1 tubular battery 220 amps
1 kva (12v) inverter
30/40 amps MPPT CC

I have note upgraded to:

Added 2 *300 watts solar panels (mono)
Changed my battery to 2* 200 amps deep cycle
Changed my inverter to 2.5kva 24 volts
My CC remains unchanged.

All the solar panels are connected in parallel (24 volts each.

Now the mystery.

Since I upgraded last week, my harvest has gone down so considerably.

Under my previous setup, I was harvesting btw 80-90 amps daily but since I've upgraded, the max I've harvested is 25 amps(really?) and the sun has been shining.

I'm really so confused. I hv called the installer and he promised to come check by weekend but before he comes, I want to know exactly what the problem could be cos he himself sounded confused.

I hv been looking at my MPPT CC. I changed the battery settings from flooded to solid(dunno if this is correct) to see if there will be changes. I'll check when I get home In the evening.

Pls help

was going to chime in then I saw my oga as responded.

bigrovar:
Hey guys, anyone knows if gtbank still processes naira master card for transactions? I ask because the last time I tried to buy something via PayPal I was told they have stopped PayPal transactions. Has this been extended to all online transactions?

If gt still processes transactions at what rate? If anyone made transactions in the last couple of days how much did gtb charge on a dollar. Thanks

Spoke to 3 GTBank connect agent and they all confirm to me that they have indeed disabled international payments for naira cards. It is so unfortunate because they could have informed people about this since their website carry wrong information.

Hey guys, anyone knows if gtbank still processes naira master card for transactions? I ask because the last time I tried to buy something via PayPal I was told they have stopped PayPal transactions. Has this been extended to all online transactions?

If gt still processes transactions at what rate? If anyone made transactions in the last couple of days how much did gtb charge on a dollar. Thanks

Anyone here know how much gtbank is selling dollars now?

intergral:
Please i need urgent info... Is there anybody that recently bought phone from Aliexpress using DHL like May till date?... If yes, how long did it take you to get it?... Also how much is the custom charge that came with it?

My took about 19 days too, the biggest hold up was having the item transfer from china mainline to hong-kong. Most sellers using Hong kong DHL services because it is cheaper. Hence an item would have to be sent there from the mainline. My device (oneplus 7t) took a whole 15 days to get to hong kong and get picked up by DHL. Between pick and getting to Nigeria it took about 3 days and 2 days with dhl. Fortunately I did not get any duty imposed. I was lucky.

iKingsley:
wow, cool device. Luckily for you, you didn't pay anything?

omo I lucky o.. I had already budget one kin 40k for one side lol. now I don't even know weather to sell the device, the pixel done really win me over.

thormeydey:


Nice bro. Enjoy.... Model again please?

The Oneplus 7t

iKingsley:
damn! Have you received your package yet?

Got it about an hour ago.

Good looking phone.. but to be honest, I think I prefer the pixel.. the 90hz refresh think is over rated IMHO

iKingsley:
damn! Have you received your package yet?

I will be receiving it today.

In other news, just got off the phone with DHL and was told customs did not attach any duty to my package so I won't be paying anything. The item is expected to be delivered to me today. The item was ordered on the 12th of May, shipped 4 days later on the 16th of May via DHL. Rona caused some delay in the package getting to Hong Kong DHL - eventually got picked up by on the 30th of May and I am getting it today. Putting this out thee in case someone is intending on shipping stuff this season.

The seller of this product has been outstanding, the guy barely sleep, he responses to every message within 1 hour at any time of the day. He was very professional and sent me the picture of my package before he shipped so I know he was not bluffing. I wish more aliexpress seller were like him. Unfortunately he deals majorly on Oneplus devices https://www.aliexpress.com/store/212691?spm=a2g0s.9042311.0.0.33dc4c4d2FZdxU

iKingsley:
Damn! DHL still can't locate my item.
This is really messed up.
What if it was a parcel that had no copy?
These people have failed me! *disappointed*

The good thing here is, the seller bares the loss, I am still hopeful that this issue would be sorted, package can not just miss like that, although it does happen. The downside is, if the item was under declared, the insurance compensation would be based on the declared value :-/ .. Hopefully seller bares the loss, as far as you are concerned, u did not receive your item, you don't know what happened.

adrusa:


Can people please share their opinion on felicity inverters as to durability, stability and idle consumption. Thank you in anticipation.

I don't know if you still need this, but I did a review on it a while back https://bobby.com.ng/2017/06/28/felicity-inverter-a-short-review/

iKingsley:
lol! I'm very sure, if not they would have contacted me but they didn't.
The package even showed 'with delivery courier' which is its last course before they realized it was in a wrong location. They cannot attempt delivery of a billed package without contacting the owner. My friend's own didn't leave Lagos facility before he was contacted and he must pay before they can proceed with delivery

Kingz.leyz situation was like that, and he didn't pay a dime

My story still long sha, my dhl status now na "clearance event" that was since yesterday evening. I called DHL them say ndlea they inspect am LOL.. I got get more update today sha.

chrisnando:


When did you order?

Item was shipped on the 16th of May

iKingsley:
what did you order?

I ordered the oneplus 7t. My phone screen got damaged and figure might of well get a new device. Interestingly while waiting thinking it would take time, I went and got the pixel 3 xl in Nigeria.. Now it seems the 7t will be entering my hand today.. Might have to sell it cause Pixel 3 is such a joy to use.

isco10:
Bigrovar u r a blessing to this thread. We have all learned from u. U v demystified d dreaded custom duty fee

Thanks my brother. I have been in this forum since 2007 and I have learned a lot from this forum, it has also impacted my life positively so I try to give back in any thread I am active in.

iKingsley:
I.wasn't charged, but mine was mistakenly taken to Kaduna by DHL. What a joke! Na the matter we still dey settle be that

The weakest link in any organisation is staff. Na one person go drop the ball in a long chain of event. Anyway sha patient, it has come this far. BTW how are you sure you were not charged since you have not received the item.

kingzleyz:
me no know oo am just lucky

I should be receiving my item tomorrow. It landed in Lagos and crossed all processing and should be up for delivery tomorrow. I might also know if I would be getting the dreaded custom tax. My logistic path aligns well with kingzleyz so hopefully I escape as he did.

xoftxoul:

Please do us good to inform us about your findings
It's a crucial and important topic
thanks

So my friend said your appeal should go through the logistic company u used since it is them and custom that have a relationship. Custom technically don't know you. So send your appeal to them. State your case, let them know the item was not available in Nigeria which was why you shipped from abroad and it is for personal use. State the purchase price and maybe send a link of the price online. Like I said it might take time to review.