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Dividend Question


BRK IN MKE
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Speaking of receiving dividend withholding for owners of Canadian stocks based in the U.S., does anyone have details on this document?  I received a link from Schwab which discussed that I should fill out this form if I owned or planned on owning Canadian dividend payers. 

 

Has there been a change in the tax treaty between Canada and the United States?

 

TIA for anyone who has info.

 

http://www.cra-arc.gc.ca/E/pbg/tf/nr301/nr301-10e.pdf

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Hi Kiltacular,

 

It is my understanding that the change will affect trusts, not individuals.  The withholding rate will be 25% vs the old 15% unless this form NR301 is filled out

prior to the 1st of the year.  I had to fill one out for a family trust.  I am not sure how it affects non flow through trusts or corporations.

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