Re:Profits Without Prosperity (2014)
by Scoundreller on Monday October 09, 2017 @12:21AM
(#15431564)
Not all shareholders are USians.
As a Canadian, US dividends get taxed like full-income. Capital gains get taxed just like Canadian capital gains: at one-half the income tax rate.
In one of our tax-free savings vehicles: the tax-free savings account, capital gains would be tax free, but dividends are still stuck with IRS withholding taxes of 15-30% of dividends.
As a Canadian, US dividends get taxed like full-income. Capital gains get taxed just like Canadian capital gains: at one-half the income tax rate.
In one of our tax-free savings vehicles: the tax-free savings account, capital gains would be tax free, but dividends are still stuck with IRS withholding taxes of 15-30% of dividends.