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  5. BCE: I have some US$ and want to buy BEPC [BCE Inc.]
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Investment Q&A

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Q: I have some US$ and want to buy BEPC:US. I held BEP:US and a few years ago and faced higher taxes on dividends and maybe capital gains from the US with a partnership - can you confirm this will not be the case with BEPC:US? I also just bought BCE:US - can you please confirm that I will still get the Canadian dividend tax credit for with BCE:US and BEPC:US.
Thanks!
Asked by Grant on October 18, 2023
5i Research Answer:

BEPC is a Canadian corporation set up specifically to allow investors to get the Canadian dividend tax credit. BCE is a Canadian company and the tax credit applies applies regardless of where the stock is bought or held (assuming a non-registered account).