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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Don01022 who wrote (541)12/3/2021 5:26:37 PM
From: chowder1 Recommendation

Recommended By
rnsmth

  Respond to of 21904
 
Re: Canadian Foreign Tax

If you have it in a USA tax deferred account no taxes are withheld. If you hold it in a taxable account taxes are withdrawn from the dividend, a foreign tax form is set to you at year end, and you claim a foreign tax credit on your USA tax liability.



To: Don01022 who wrote (541)12/3/2021 5:45:53 PM
From: rnsmth  Respond to of 21904
 
Canada and taxes

In IRA, no.

In taxable, yes but may recover when you file taxes. Check with someone else on taxable account.