No answer to your question, but... I would totally buy a capital appreciation stock, depending on how the fiscal details are worked out. If I buy US stocks, I

No answer to your question, but... I would totally buy a capital appreciation stock, depending on how the fiscal details are worked out. If I buy US stocks, I get taxed 15% US witholding tax on the dividends, then 30% Belgian withholding tax, leaving me with 59.5% net after dividend taxation. But if the share appreciates, I pay zero capital gains tax when I sell. OK, I get that this was not the point of the operation, but it would definitely be a side benefit. Lots of Belgians buying Irish registered ETFs for similar fiscal reasons...