American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures

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Comment by StormyDon Feb 25, 2019 7:22pm

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Post# 29411801

RE:RE:RE:RE:TFSA and dividends 40% not subject to withholding..confirmed

Let me clarify:

IRS (US) withholding tax is 15% of the taxable component of the monthly distribution (currently estimated at 60% of the total distribution; you will observe that you are receiving your monthly distribution in two components in a 60:40 split)
The annual tax slip T5013 will show the total of US tax paid - which is claimable as a Foreign Tax Credit on the Canadian tax form
The T5013 will also show the total annual Return of Capital - which should be used to reduce your ACB (annually)
Upon sale of HOT.UN units, the sale proceeds are not repeat not subject to IRS withholding tax. Rather your capital gain (= net sale proceeds minus the updated ACB) will be reported on your Canadian tax form and will be taxed at whatever your marginal tax rate is (income dependent).

Clear now?

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