Post by
Ronspears on Dec 17, 2015 11:40pm
Newbie Question - Why is there a witholding tax?
As a Canadian investor, why is there a withholding tax from the dividend of this stock when this is listed in TSX and it's a Canadian company?
Thx in advance.
Comment by
bcsc on Dec 18, 2015 11:26am
The income is earned in the US and therefore US income tax is collected. I have shares of other Canadian companies that are listed on the TSX where distributions are broken down into multiple components to reflect the different tax treatment on interest and dividends in various countries.