Hi,

I am an RSA citizen and an equity shareholder in a going concern based in the states. There is a possibility that the business is to be sold and as such I would be paid out in the ratio to my % equity holding. If this does happen, what would the procedure be in relation to the double taxation treaty between ourselves and the USA? Are there any pitfalls in this scenario that I need to be aware of that anyone on the forum has had experience with?

I would greatly appreciate any advice.

thanks

- Nick