PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.

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PyroGenesis Inc

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Comment by MakeItRain1on Jul 12, 2020 9:51am

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Post# 31257141

RE:RE:RE:RE:RE:RE:RE:Tip of the morning , ya all !

Meant to say "15% tax on dividends from us stocks"

MakeItRain1 wrote:
This website below seems credible. Appears to be an agreement between Canada and the United States regarding dividends and interest on US bonds. I interurpt it as a Canadian citizen would owe the IRA 15% on us stock and 10% on us bonds. Again I have very little experience with this, wondering about it myself.

https://www.moneysense.ca/save/taxes/filing-taxes-u-s-investments-canada/

CndnBacon wrote: I would find it hard to believe Canadian Citizens, regardless of the Jurisdiction they invest in, would owe taxes to the US, and just as unlikely a US Citizen would owe Canada taxes investing on the TSX. Dividends are a form of income, as a Canadian with a TFSA, major US indexes ar eligible to hold. Any Dividends that are paid from a TFSA qualified stock ARE Taxable as Capital Gains by CRA...we would NOT be paying Capital Gains to the IRS as Canadian Citizens, however as a Dual Citizen it gets a bit more complex.....I had to take my DC wife off the records as US IRS would want a piece of MY business...and they can pound sand

MakeItRain1 wrote:
Just doing some further reading and it appears that a Canadian citizen living in Canada would owe the IRS 15% on dividends of US stocks and 10% on intrest from US bonds which I assume would be applicable to investments within a TFSA. I am not a tax expert so please seek professional advice regarding tax obligations to be sure.

MakeItRain1 wrote:

My understanding is if you are a Canadian living in the USA holding a tfsa you will owe taxes on gains. If you are Canadian living in Canada the TFSA will be tax free as long as you follow the requirements for investing under a tfsa such as not running it as a buisness for example. Can someone else confirm this ?

Mattboy wrote: Any thoughts on what exchange it would uplist to? Nasdaq maybe or just regular TSX?? I hold all my shares in this in my TFSA does anyone know how the taxation works for holding NASDAQ stocks in a TFSA I understand that you have to pay a tax to the IRS on your profits?