Depending on the account type, foreign withholding taxes apply, and also depending on account type, some are recoverable, or a portion are recoverable.
Does the app already take this into account?
Depending on the account type, foreign withholding taxes apply, and also depending on account type, some are recoverable, or a portion are recoverable.
Does the app already take this into account?
Yes. The app considers foreign witholding taxes for US investments in Non-Registered, TFSA, RESP and RDSP accounts. For Non-registered accounts the app considers the foreign tax credit that can be used to recover them.
Amazing! Thank you!