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


To: Dave who wrote (9777)9/25/2005 8:15:56 PM
From: Taikun  Read Replies (1) | Respond to of 11633
 
Dave,

I have lots of tax credits and pay no tax. Those deductions are worthless, hence in BPT I would at most pay a 5% tax on distributions whereas on Canroys I pay 15% and can't get them back-at least that is what I was told by my acct.

David



To: Dave who wrote (9777)9/25/2005 10:01:15 PM
From: rz  Read Replies (2) | Respond to of 11633
 
Dave,
Taikun was talking about tax sheltered accounts (IRAs, Keoghs, etc.). I am not an accountant but I believe that you cannot recover foreign tax withheld from an IRA. Kind of "proof" is that my broker does not include it on 1099.