Q: Today I noticed that once again you recommend transferring Canadian Cos. that pay dividends in $US to the US side of our Trading accounts. I get the rationale but am wondering if it is worth the trouble of exceeding the $US investment limit of US$100k at which it is necessary to report US investments specifically to CRA ? Also it would be interesting to know why the CRA has set this arbitrary limit in the first place ? If you know why ?
John.
John.