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Double taxation.
I am looking for information relating to Canadian taxes (15%) being withheld on dividend payments. These payments are on dividends of Canadian stocks held in my IRA; I believe this is incorrect because of the tax treaty between the US and Canada.
Does anyone have any knowledge what can be done about this?
 

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I've moved this over here as you don't seem to have any connection with Australia (which is where this was originally posted).

Big issue is whether or not Canada recognizes a US IRA as being a non-taxable entity. You might want to look at the section on Double Taxation in the Wikipedia article on IRAs Individual Retirement Account - Wikipedia, the free encyclopedia . While Wikipedia isn't an unimpeachable source, this article certainly suggests that there is some controversy over the taxation of foreign dividends.
Cheers,
Bev
 
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