OTCPK:MAUXF - Post by User
Comment by
oullinson Dec 13, 2012 10:18am
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RE: RE: RE: Tax on dividend: Canada withholding fo
RE: RE: RE: Tax on dividend: Canada withholding fo My post was a FYI post addressed only to non- resident of Canada. I do not have any knowledge of the tax system in Canada. The withholding by Canada is a treaty between Canada and individual countries. In my regular accounts Canada takes 15% of my MMT divident payment but I get a tax credit for that amount when I file in the US. Per the treaty, US retirement accounts have no withholding by Canada. I can only guess this goes both ways for Canadians receiving dividend from US companies.
Cheers