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  5. HSAV: Hi team, Is the dividend from an etf such as CASH taxed as bank interest or as a dividend and eligible for the div tax credit ? [Global X Cash Maximizer Corporate Class ETF]

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Q: Hi team,
Is the dividend from an etf such as CASH taxed as bank interest or as a dividend and eligible for the div tax credit ?

Thanks
Shane
Asked by Shane on December 13, 2024
5i Research Answer:
NO; it is taxed as interest. One alternative is HSAV, which pays no distribution and thus is...
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