tag:blogger.com,1999:blog-5232481098066200105.post4080129078366447414..comments2024-02-21T05:09:47.829-05:00Comments on Compounding Income: Toronto-Dominion Bank Increases DividendCompounding Incomehttp://www.blogger.com/profile/04207986983526689578noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5232481098066200105.post-53489929057857727352013-07-25T02:17:18.538-04:002013-07-25T02:17:18.538-04:00Thank you for such a fantastic blog about Stocks.Thank you for such a fantastic blog about <a href="http://www.goog.biz/2013/07/19/pfizers-pill-for-low-profit" rel="nofollow">Stocks</a>.Anonymoushttps://www.blogger.com/profile/11116716854218350532noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-50047925828896783182012-09-03T22:01:28.389-04:002012-09-03T22:01:28.389-04:00Oh and I'm currently only considering foreign ...Oh and I'm currently only considering foreign stocks from Canada and the UK to avoid the whole tax fiasco. I'll probably end up owning UL or BP at somepoint and could even put those in my taxable account!Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-10778765473868966652012-09-03T21:56:34.532-04:002012-09-03T21:56:34.532-04:00Executioner,
If you hold Canadian stocks in a tax...Executioner,<br /><br />If you hold Canadian stocks in a taxable account the dividends will be subject to a withholding tax. The last time I looked it was 25% which is very steep. The good news is that if you hold a Canadian CORPORATION (not royalty trust) in a IRA/ROTH IRA we have a tax treaty and nothing will be withheld. <br /><br />I hold TD and EIFZF in my ROTH, nothing has ever been withheld. <br /><br />Unfortunately I don't have a resource explaining the tax situation, but I know from personal experience this is the case. I've held EIFZF for over a year and TD for about 4 months. The dividends have always been what I expected subject to exchange rates.<br /><br />Hope this helps.<br /><br />CICompounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-72377018886856434892012-09-02T09:26:37.372-04:002012-09-02T09:26:37.372-04:00Do you know the tax implications (if any) of ownin...Do you know the tax implications (if any) of owning a Canadian investment as a US citizen/taxpayer?<br /><br />I've heard that some foreign securities (such as ones from the UK like VOD) have a favorable tax agreement such that owning them is no different from owning a US stock. I imagine CAD stocks would be the same way.<br /><br />On the other hand I believe that may not be the case for French stocks like FT based on comments I've read on other blogs.<br /><br />Have you ever found any resources that detail these sorts of considerations?The Executionerhttps://www.blogger.com/profile/04419763605714282331noreply@blogger.com