I am planning to open an account to trade or a fund, and I am looking for a very specific legal structure.
Basically, I am looking for a legal structure that allows me to receive the gross dividend of the stock (US or European stocks), with no withholding tax. At the end of the fiscal year I will pay the taxes for my total gains, including the dividends.
For example, if the stocks perform 10%, and from the dividends I get 4%, I will pay taxes for the whole 14%. But if the stocks perform -10% and the dividends 4%, I don't pay taxes, as my net result is negative.
I am living in UK, but I may be able to open the account (or the fund structure) in other countries.