Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (33445)	5/28/2005 11:13:10 AM
From: glenn_a	Read Replies (1) \| Respond to of 110194

((does Canada charge foreigners any tax on their bond interest?)) Sorry Darffot. Dunno. All my income holdings (i.e. Canadian T-bills) are in RRSP's (Canada's IRA equivalent) and interest is thus tax sheltered. So at this stage, I've had no reason to explore tax on bond interest - even as a Canadian holder of Canadian income instruments, let alone a foreign bond holder. Perhaps someone else can answer your question. Best Regards, Glenn

To: Wyätt Gwyön who wrote (33445)	5/29/2005 8:05:22 AM
From: Condor	Respond to of 110194

does Canada charge foreigners any tax on their bond interest? Call here, they will tell you. cra-arc.gc.ca Canadians must pay tax on bond interest. (basically - any interest) If I (I am a CDN) buy foreign stocks (EG: US stocks), I report the gain to Revenue Canada and pay the tax in Canada. I do not report it and pay in the US for those US stock trades. I expect this is a tax treaty arrangement with the US and that is why I suspect you would only report the gain on bonds to the US govt. and deal with the tax there. However, I would make the phone call. Cheers C