Agnico Eagle Mines Ltd T.AEM

Alternate Symbol(s): AEM

Metals & Mining Gold

Agnico Eagle Mines Limited is a Canada-based gold mining company engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Hope Bay/ Oro, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.

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Agnico Eagle Mines Ltd > OT > Watch out for the IRS (with holding Taxation) !

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Comment by DudeRancher1953on Mar 23, 2022 10:49am

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RE:RE:RE:RE:RE:OT > Watch out for the IRS (with holding Taxation) !

I currently only own AEM in an RRSP where no withholding taxes are applicable.
However I have owned KL on the US side of a TFSA and dividends were all paid without any withholding taxes. Note that TFSAs are not exempt from US witholding taxes on divs from US companies however KL was considered a Canadian company. The fact that it paid the dividend in US dollars is irrelevant.
I believe that AEM is similar to KL so no witholding taxes are applied.
Hope this helps.

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