The dividends on Canadian stocks are withheld for Canada at
a 15% rate. The withholding is 10% for UK stock dividends.
These amounts can then be claimed as a US tax credit for
stocks held in a taxable account.
I assume that if I buy those stock in an IRA, the tax
withholding would still happen, but there is then no US tax
credit. Are my assumptions correct?
Archived from group: misc>taxes>moderated