Q: The ETF, HXS pays no dividend. So if HXS was held in a RESP account, can one avoid the US 15% withholding on dividends, because HXS pays no dividend, whereas ZSP held in a RESP account would be subject to the 15% withholding tax, because it does pay a dividend. Thanks … Cal
5i Research Answer:
Since HXS does not issue a distribution, there is no 15% withholding tax within an RESP, no any account, whereas ZSP would be subject to a 15% withholding tax.