Q: This is in response to Dean's question about the tax treatment of Irish companies like MDT. I hold MDT in a non-registered account and the withholding taxes can be claimed back against my Canadian taxes. The MDT withholding taxes are reported on the T5 as foreign dividend income. In the past, I learned the hard way that taxes are deducted from dividends received from non-US foreign companies held inside an RRSP. I don’t have any knowledge of tax treaties, but that's my experience.
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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: Hello 5i,
With regards to MDT & other Irish Domoniced companies that trade on the USA markets such as TT, CAN, ETN, AON, etc.… My broker withheld 25% on all dividend payments in 2024 even though the shares were held in a RRSP. I did well with MDT (Option Premium+Div-Net of Tax, Capital Appreciation) and at some point, I would like to own for dividends MDT or any of the other Irish Domoniced companies that trade on the USA markets. I reached out to my broker since there is a tax treaty with Canada / Irland and completed all recommended documents; the broker continued to deduced 25% of all dividends paid. My question is before I pay the $500 global tax collection or pay a 3rd party for advice would you happen to know or perhaps a reader might know should the Dividend Taxes 25% be taken even in RRSP’s on all Irish Domoniced companies? The net tax so far was ~$3.5K USD so it’s probably enough to seek other avenues to collect the Dividend Tax funds. The simple answer is to seek accounting advice which I certainly will be as an accountant my self this will be a very specialize question that will need an opinion issued.
investorrelations.medtronic.com/opportunities-obtain-irish-dividend-withholding-tax-dwt-exemption
stockanalysis.com/list/irish-stocks-us/
With regards to MDT & other Irish Domoniced companies that trade on the USA markets such as TT, CAN, ETN, AON, etc.… My broker withheld 25% on all dividend payments in 2024 even though the shares were held in a RRSP. I did well with MDT (Option Premium+Div-Net of Tax, Capital Appreciation) and at some point, I would like to own for dividends MDT or any of the other Irish Domoniced companies that trade on the USA markets. I reached out to my broker since there is a tax treaty with Canada / Irland and completed all recommended documents; the broker continued to deduced 25% of all dividends paid. My question is before I pay the $500 global tax collection or pay a 3rd party for advice would you happen to know or perhaps a reader might know should the Dividend Taxes 25% be taken even in RRSP’s on all Irish Domoniced companies? The net tax so far was ~$3.5K USD so it’s probably enough to seek other avenues to collect the Dividend Tax funds. The simple answer is to seek accounting advice which I certainly will be as an accountant my self this will be a very specialize question that will need an opinion issued.
investorrelations.medtronic.com/opportunities-obtain-irish-dividend-withholding-tax-dwt-exemption
stockanalysis.com/list/irish-stocks-us/
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Medtronic plc. (MDT)
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Stryker Corporation (SYK)
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Zimmer Biomet Holdings Inc. (ZBH)
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Globus Medical Inc. Class A (GMED)
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Penumbra Inc. (PEN)
Q: Who are competitors of STRYKER MEDTRONICS Which do you prefer ? RAK
Q: Hi Peter
I have been holding onto this stock on the assumption that AI would soon enable MDT to market or otherwise exploit their massive amount of product research data and information. Am I too optimistic ? I'd very much appreciate any insights you may have on this, and whether you think its worthwhile to hang on because of this thesis, or move on to a "growthier" stock, such as ISRG.
My other question is about Neo Financial. I see that Tobias Lutke and others have contributed in the second (?) round of financing, which to me means that Neo is quite promising. Do you have any info from your sources on Neo's disruption potential, when an IPO could be expected, etc. ?
Thank you kindly.
Ps. We benefitted alot today from the jump in price of shopify, thanks to you.
I have been holding onto this stock on the assumption that AI would soon enable MDT to market or otherwise exploit their massive amount of product research data and information. Am I too optimistic ? I'd very much appreciate any insights you may have on this, and whether you think its worthwhile to hang on because of this thesis, or move on to a "growthier" stock, such as ISRG.
My other question is about Neo Financial. I see that Tobias Lutke and others have contributed in the second (?) round of financing, which to me means that Neo is quite promising. Do you have any info from your sources on Neo's disruption potential, when an IPO could be expected, etc. ?
Thank you kindly.
Ps. We benefitted alot today from the jump in price of shopify, thanks to you.
Q: Could you please review the ratios as I am interested to know what has brought the stock up about 10% recently. Thanks
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Intuitive Surgical Inc. (ISRG)
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Abbott Laboratories (ABT)
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Medtronic plc. (MDT)
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UnitedHealth Group Incorporated (DE) (UNH)
Q: Hi 5i, I have held Medtronic for just over 3 years and am down 30%. Do you think it's worth holding another year or two (as do a number of the analysts) or should I cut bait and redeploy the funds into LLY? Other suggestions are welcome. Do you feel Intuitive Surgical is overvalued or a good long term call? Thanks!
Q: How would you rate ILMN overall since 2024? Is it still a takeover target in your estimation and who would be the top ones that would make most sense to acquire ILMN?
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Amgen Inc. (AMGN)
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Texas Instruments Incorporated (TXN)
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AbbVie Inc. (ABBV)
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Chevron Corporation (CVX)
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Johnson & Johnson (JNJ)
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Medtronic plc. (MDT)
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Morgan Stanley (MS)
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NextEra Energy Inc. (NEE)
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PepsiCo Inc. (PEP)
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United Parcel Service Inc. (UPS)
Q: You replied to my recent question about cdn companies paying us dividends, I would like same 5i stock screener in us companies. Your criteria was us dividends, top 25 with the largest market capitalization, 12 month trailing dividend yield, 5 yr historical dividend growth rate and anything else you may add, basically buy and forget.
Q: Good morning,
Wanting to sell Medtronic to realize a tax loss benefit, would Stryker be a good proxy to hold in the interim? Is there a better-aligned alternative?
Thank you as always...
Wanting to sell Medtronic to realize a tax loss benefit, would Stryker be a good proxy to hold in the interim? Is there a better-aligned alternative?
Thank you as always...
Q: Hello
Could you comment on MDT earnings?
Sounds like they might be turning the corner with new growth forecasted?
Thank you
Stephane
Could you comment on MDT earnings?
Sounds like they might be turning the corner with new growth forecasted?
Thank you
Stephane
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Apple Inc. (AAPL)
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Amazon.com Inc. (AMZN)
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Alphabet Inc. (GOOG)
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AbbVie Inc. (ABBV)
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Medtronic plc. (MDT)
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Zimmer Biomet Holdings Inc. (ZBH)
Q: Retired DIY investor. I find that I’m overweight in Tech stocks having AMZN, AAPL, GOOG, and MSFT and on the Cdn side CSU and SHOP. Meanwhile I have no healthcare stocks. I’m considering selling Apple and rotating into ABBV, MDT, or ZBH.
Could I have your opinion on this move? Many thanks.
Could I have your opinion on this move? Many thanks.
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Intuitive Surgical Inc. (ISRG)
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Eli Lilly and Company (LLY)
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Medtronic plc. (MDT)
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Stryker Corporation (SYK)
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DexCom Inc. (DXCM)
Q: Due to the popularity of diabetes/diet drugs, do you see any companies consumer staples or others that have recently been excessively beaten on? Perhaps some that could be in for a turnaround in the long term.
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Amgen Inc. (AMGN)
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Intuitive Surgical Inc. (ISRG)
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AbbVie Inc. (ABBV)
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Johnson & Johnson (JNJ)
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Eli Lilly and Company (LLY)
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Medtronic plc. (MDT)
Q: Of the above health care stocks, could you rank from best to worst and indicate a good entry level for the top two. If you happen to have another better suggestion please rate accordingly.
Many thanks
Many thanks
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Amgen Inc. (AMGN)
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Intuitive Surgical Inc. (ISRG)
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AbbVie Inc. (ABBV)
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Eli Lilly and Company (LLY)
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Medtronic plc. (MDT)
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Lantheus Holdings Inc. (LNTH)
Q: Hi 5i,
I currently have no healthcare holdings and should be at about 9%. Could you please give me some suggested opportunities?
As always, many thanks
I currently have no healthcare holdings and should be at about 9%. Could you please give me some suggested opportunities?
As always, many thanks
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Alphabet Inc. (GOOG)
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PayPal Holdings Inc. (PYPL)
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Medtronic plc. (MDT)
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NFI Group Inc. (NFI)
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DocuSign Inc. (DOCU)
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Pinterest Inc. Class A (PINS)
Q: Similar to a question you responded to recently. I hold the above stocks....all in the red....and wondering if I should hold or sell and replace with another stock....and if sell, please suggest a replacement.......Thanks for your insight....Tom
Q: Do you prefer Stryker to Medtronic. Would you advise selling Medtronic to buy Stryker at this point in time. Thank you.
Q: What are your current thoughts on this company (TNDM) and do you think it has bottomed? Thanks as usual.
Q: What are your thoughts on MDT these days? Worth investing at current levels? thanks
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Salesforce Inc. (CRM)
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Medtronic plc. (MDT)
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CAE Inc. (CAE)
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Block Inc. Class A (SQ)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Veeva Systems Inc. Class A (VEEV)
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Roku Inc. (ROKU)
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Guardant Health Inc. (GH)
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Ultra Clean Holdings Inc. (UCTT)
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Pinterest Inc. Class A (PINS)
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CrowdStrike Holdings Inc. (CRWD)
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Digital Turbine Inc. (APPS)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Q: It looks like I will need to sell a position or two to pay the tax man. Please rank the companies listed. Thank your
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Costco Wholesale Corporation (COST)
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Alphabet Inc. (GOOG)
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Intuitive Surgical Inc. (ISRG)
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Microsoft Corporation (MSFT)
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NVIDIA Corporation (NVDA)
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Booking Holdings Inc. (BKNG)
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Emerson Electric Company (EMR)
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JPMorgan Chase & Co. (JPM)
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Eli Lilly and Company (LLY)
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Medtronic plc. (MDT)
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Realty Income Corporation (O)
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PepsiCo Inc. (PEP)
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Procter & Gamble Company (The) (PG)
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Visa Inc. (V)
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Verizon Communications Inc. (VZ)
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Waste Management Inc. (WM)
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Blackstone Inc. (BX)
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American Water Works Company Inc. (AWK)
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INVESCO QQQ Trust (QQQ)
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Invesco S&P 500 Equal Weight ETF (RSP)
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Berkshire Hathaway Inc. (BRK.B)
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Trane Technologies plc (TT)
Q: Hi everyone at 5i!
I am up 370% with my stock in NVDA and would like to trim a third of the stock. With the proceeds I would like to add to a portfolio holding AWK, BRKB, BX,COST,EMR, ISRG RSP. QQQ. JPM MDT MSFT, NVDA , PEP, PG, O , VZ, V, WM . I am looking for two or three stock suggestions that would round out this list for growth or growth and income.
Cheers,
Tamara
I am up 370% with my stock in NVDA and would like to trim a third of the stock. With the proceeds I would like to add to a portfolio holding AWK, BRKB, BX,COST,EMR, ISRG RSP. QQQ. JPM MDT MSFT, NVDA , PEP, PG, O , VZ, V, WM . I am looking for two or three stock suggestions that would round out this list for growth or growth and income.
Cheers,
Tamara