An Update On RRSPs, TFSAs And U.S. Withholding Tax

This article is an updated version of an article entitled RRSPs, TFSAs, and US Withholding Tax which was originally published in the June 2014 Canadian MoneySaver magazine. The purpose of this article is to provide some insights on the impact of holding dividend-paying US stocks across TFSA, RRSP and non-registered accounts. It is important to note that this area of taxation is very complicated and this article is intended to provide general insights on the impact of US withholding tax...