IB asked me if I want to lend my stocks to them


Sounds interesting and I will try to dig deeper into it.

What do you guys think about it? I will have to properly understand the tax implications.


Don’t get your hopes up. The yield is pennies unless you’re willing to hold onto the most hated companies out there. You lose SIPC protection with this. Tax wise in the their reporting it looks like an extra interest credit, but on the off chance they don’t recall a paper by the time it pays a dividend I guess it’ll look to the swiss like you owe full taxes on it

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