When a dual-listed Canadian share is acquired and when the payout is in Canadian dollars,
for a US investor,
1) Would she receive US dollars, or Canadian dollars? Is this broker-dependent?
2) If US dollars, does the broker set the exchange rate?
3) Is the cash payout subject to Canadian withholding tax, if the US investor holds the position in a retirement account?
4) In a non-retirement account?
Thanks.
for a US investor,
1) Would she receive US dollars, or Canadian dollars? Is this broker-dependent?
2) If US dollars, does the broker set the exchange rate?
3) Is the cash payout subject to Canadian withholding tax, if the US investor holds the position in a retirement account?
4) In a non-retirement account?
Thanks.