The impact of withholding taxes on Canadian ETF investors
In general, U.S. bonds do not levy withholding taxes for non-U.S. shareholders. However, bonds issued in countries other than the U.S. may have withholding taxes on interest (and possibly gains)—however, the rates will vary by the bond issuer’s country of origin. This would mirror the first level of withholding taxes seen in equity funds. ................
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