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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (5980)7/4/2003 3:24:51 PM
From: RonS  Read Replies (1) | Respond to of 11633
 
<U. S. citizens cannnot escape the 15% witholding, which goes to the Canadian gov, except in properly set-up IRAs. But we can take a credit on our own income tax for the amount.
I have also had some problems with brokerage accounts (IRAs) that improperly withhold the 15%.>

Tommaso,

I was wondering if you ever got this issue resolved. As a US resident, will 15% be withheld if the energy trust is within a ROTH IRA account? Can you explain what does "properly set up" means?

Thx
Ron