RE:RE:RE:RE:RE:Anyone been paid their dividend today. Not me !!!!
Quintessential1 wrote: Yeah I also tried to keep the div in US funds for a travel stash but like you my broker informed me I would have to hold the US stock. I have thought about holding the US version but I don't want the tax hassles right now, the cRA is a big enough pain in the butt and the conversion rate isn't horrible. Obviously there is a double loss as I will have to convert back to US funds eventually for that travel stash so I may take on the hassle of navigating the IRS too soon.
GLTY and all
Your probably right, if I journal it over I would get hit by IRS and CRA on both dividends and one day down the road Capital gains...
Its likely worth taking the hit on only playing with CRA