Q: I am wondering about the tax deductions on the US side when a closed end fund is held in a a LIF account.
Does the US withhold t’as at source?
Thanks.
Does the US withhold t’as at source?
Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Is VFV more suitable than ZSP for US exposure in TFSA?
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Brookfield Infrastructure Partners L.P. (BIP.UN $52.98)
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Brookfield Infrastructure Corporation (BIPC $47.95)
Q: Could you explain the difference between these two stocks. What are the dividends for each and are they paid out in US $ or CDN. Which has the better tax treatment, as I understand there is different tax treatments for partnerships. but not sure what the difference is?
Q: Are there any foreign tax implications holding this in Margin/TFSA/RRIF account(s)?
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Global X S&P 500 Index Corporate Class ETF (HXS $95.83)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.48)
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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $45.09)
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Vanguard Total Bond Market ETF (BND $74.58)
Q: Hello, can you please confirm these 2 ETF would not be subject to Withholding Tax? Also, can you please recommend 2 diversified stock ETF for exposure outside Canada which would not be subject to Withholding Tax, with decent dividend and buy and forget type of security. Thank you.
Q: With regard to US stocks or ETFs, can you please confirm RRSP and LIRA accounts are treated the same way (not subject to Withholding Tax). Thank you.
Q: Received my first dividend on this US listed stock in my US Rif. After looking at all the dividends in and deductions out, I calculate I'm paying approx. 47% with holding tax! 37% appears to be on the US side, 10% on the Canadian side. Sound about right to you? If so I'll be selling this right quick!
Also, do I now have to worry about filing US taxes?
Also, do I now have to worry about filing US taxes?
Q: This question relates to income tax….
Is tax deducted from dividends paid to this CDN ETF held in a TFSA ?
(listed in Canada, holding European stocks)
Would tax be deducted from a similar CDN ETF holding US stocks?
Is a TFSA the best place to place EBNK ?
Is tax deducted from dividends paid to this CDN ETF held in a TFSA ?
(listed in Canada, holding European stocks)
Would tax be deducted from a similar CDN ETF holding US stocks?
Is a TFSA the best place to place EBNK ?
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AbbVie Inc. (ABBV $231.86)
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Restaurant Brands International Inc. (QSR $71.30)
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Brookfield Infrastructure Corporation (BIPC $47.95)
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Emera Incorporated (EMA $51.13)
Q: To receive US funds I have 23 shares of ABBV, 78 shares BIPC, 62 shares EMA and 74 haes of QSR in a US TFSA account with TD Webroker in Canada.
1. Since the witholding tax is not recoverable should I switch these holdings to a non-registered US account?
2. Though I like the US funds received as dividends, would it be more efficient to switch these to Canadian holdings for the tax credit and hold them in a non-registered Canadian account? please use as many credits as required.
1. Since the witholding tax is not recoverable should I switch these holdings to a non-registered US account?
2. Though I like the US funds received as dividends, would it be more efficient to switch these to Canadian holdings for the tax credit and hold them in a non-registered Canadian account? please use as many credits as required.
Q: I sold a PUT at a loss. I plan to buy another PUT of the same stock at a different strike price, which expires at a later date. Do I have to wait for at least 30 days to avoid a superficial loss?
Q: I have securities in my RRIF that have a gain. Sometme in 2026 I plan to sell some of these stocks in order to satisfy CRA requirements. Because the stocks that I will be selling have a gain, not a loss I assume that I can buy them immediately in my non registered account. Am I correct in my assumption? Thank You.
Q: In a LIF account, I believe that dividend income, Canadian and US is not taxable, is this correct?
Are there circumstances where it would be, for example, in a Canadian ETF holding US stocks?
Thanks so much.
Are there circumstances where it would be, for example, in a Canadian ETF holding US stocks?
Thanks so much.
Q: Hi 5i,
Would a Canadian holding this ETF inside an RRSP be subject to extra taxes because of MLPs?
TIA!
Would a Canadian holding this ETF inside an RRSP be subject to extra taxes because of MLPs?
TIA!
Q: Am I subjecting myself to a 15% US witholding tax on the (minuscule) dividend by holding this ETF in my TFSA?
Q: Will the dividend be eligible for tax purposes.
Thank you
Thank you
Q: Hi There, I am interested in considering buying TTP and/or TQCD ETF's for my NonReg account. TTP is the passive Canadian index and TQCD is supposedly actively managed. Is there somewhere that can provide me information on the tax efficiencies of these two ETF's. I would like to get an idea of how they might impact my yearly tax return. Many thanks.
Q: Hello and thanks for a great service. I'm in a high tax bracket and have never utilized Flow Through's. What do you think of them and how would you do your due diligence on them?
Q: I am getting older and I am trying to simplify my accounts in case my wife or daughter have to take over for whatever reason. I am moving to VBAL and VGRO as all in one type ETFs to make that happen. My question is about taxing: how are these viewed by the CRA?
Q: I would like to confirm that income from covered call ETFs is treated as capital gains and/or ROC, and income from preferred shares is treated as eligible dividends. If this is correct, I would see them as candidates for both non-registered and registered accounts.
Thank you.
Thank you.
Q: Was the conversion to a Corp. a taxable event? They are rather cagey on it.