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

Non resident tax?

[Jimmy713]

BMO transactions show
all amount is paid as Intrest, and they withdrew %15 as Non resident tax!

What changed?

[Jimmy713]

The Tax withholding was applied and back dated on Feb 21 only. Check your account today!

[Investorguy123]

Jimmy, check the link for AHIP Feb distribution. It is 100 percent dividend. It was close to 100% return of capital in 2022 (No Withholding tax in 2022). Withholding tax is only on the dividend portion. That means there will be withholding tax (15%) in 2023. The withholding tax can deduct in the tax return as prepaid tax. https://s22.q4cdn.com/663006916/files/doc_downloads/2023/02/2023-02-28

[Jimmy713]

Thanks Investorguy ... I see the notices now! I guess effective Jan 2023 all became Divy! oh well ...

[Investorguy123]

100% dividend is a positive sign. AHIP kept the ratio of 60% dividend and 40% return of capital at the time of IPO. Now AHIP has the option whether to increase the payout or pay down the debt with extra cash in hand.