There is a very thorough reciprocal taxation agreement between Canada and the US, has been for many years ... principle being to avoid double taxation - one takes a whack at you, or the other, but not both ... i've had nothing withheld by the IRS from dividends of US-listed companies, going back to at least the 80s, as far as i can recall ... so i would imagine that the same applies going south - Revenue Canada will not demand a withholding, but they will report it to the IRS as surely as if it were US-listed ... this also works both ways, IRS reports on canadians to RC
If it's a dividend in stock, the SEC regulations get in the way for US residents, but no canadian regs do, far as i know .... cash flows quite freely though, far as i know ... there are likely better informed people to ask .... btw, i'm not a US resident geoff - one hundred and ten per cent british columbian, got a bumper sticker that says 'I Survived the NDP' |
