Q: To avoid dividend withholding tax in an RRSP, the best solution from a tax perspective is to hold US ETFs that hold securities directly, such as VTI. This was your answer to my first question. Is there any downside for a Canadian RRSP investor to own a US listed ETF such as VOO? Thanks again.
Answer:
From a tax perspective, no.
Further question to this conversation. Is there any downside to a Canadian RRSP investor owning a US listed ETF from any other perspective than taxation? Any downside from any perspective. Thanks.
Answer:
From a tax perspective, no.
Further question to this conversation. Is there any downside to a Canadian RRSP investor owning a US listed ETF from any other perspective than taxation? Any downside from any perspective. Thanks.