American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures AHOTF

witholding tax fans - HOT disagrees with you.

[lashing]

Response from IR;

Sorry to hear about the issues you are having but this seems to be an error on TD’s part. We’ve issued the required Qualified Notice to notify brokers and others that no withholding applies under Section 1446(f) so not sure why TD is saying we are the ones doing this.
 
Please let me know if I could be of any assistance or if TD has given any additional feedback on what exactly they are doing.
 
Regards,
Aren


This contradicts everything being said here. This is why the stock is tanking. People dont take to sudden change, retroactive money taken away and BS Why anyone would even try and defend this is a mystery but not surprising as this forum is full of nonsense

[flamingogold]

If true, IR should take the lead on this with brokers. Issuing the required notice and then claiming they are "not sure why TD is saying we are the ones doing this" falls short and sums up to a bunch of finger pointing with no resolution. Investors are stuck in the middle with hands tied. IR should be on the horn with the brokers responsible that are in error. Rectifying it will

[lashing]

It gets worse, today a new tax document was uploaded on TD fro 2022 ... my taxes are done for 2022. Reclassifying and filing late is a big problem. HOT is going to get sued class action by every law firm wanting a fee and the stock will be worthless. This is on purpose.

[Investorguy123]

That will be great, probably you sold out your HOT shares at a big loss like me too.

[Investorguy123]

That will be great, probably you sold out your HOT shares at a big loss like me too.   you said: It gets worse, today a new tax document was uploaded on TD fro 2022 ... my taxes are done for 2022. Reclassifying and filing late is a big problem. HOT is going to get sued class action by every law firm wanting a fee and the stock will be worthless. This is on purpose.  

[bcsc]

Keep skating. Filing date forr 2022 taxes is May1, 2023 There are no tax documents issued for holdings in an RRSP or TFSA account Time to get your story straight.

[rabnud]

I have same problem I sned Scotia Bank the ruling HOT sent me regarding taxes and they ignore it and keep taking tax on HOT dist 

[Zoolanders21]

Jumping in really late on this .. In 2021-22 tax years there was no withholding tax deducted from AHIP distributions as the income was deemed a return of capital. This changed for 2023 and dsitributions are now subject to the 15% witholding tax (not TSFA or RRSP accounts though). You may have seen the deductions from your distributions.   

[Compypaul]

I own HOT in two TFSA accounts at Scotia iTrade. Withholding tax definitely comes out at the beginning of each month. Is this the standard practice or does Scotia have it wrong?