Are there differences between US dividends vs Canadian dividends?
Asked 4 years ago
Are there any differences at all? Taxes, etc.
Avik Das
Wednesday, June 23, 2021
Yes, there is a big difference in dividends between United States and Canada. In US, the tax rate in dividend is generally 0%, 15% and 25%. In comparison, Canada has different taxation. For a tax paying Canadian, Canadian dividends are taxed 15%. But investors with high-paying tax bracket might get taxed 29% in Canada.
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