I am Canadian and I especially enjoy investing long-term in REITs for their high and relatively reliable monthly distributions. I am confused about a very specific element of REITs. This element is whether the foreign income a REIT receives and distributes is subject to a withholding tax for the investor. In my situation, I am referring to REITs traded on the TSX and have their headquarters in Canada but have US real estate assets. Please don't tell me to stick the REITs with US real estate in an RRSP account because I already know that Canada and the US have an agreement nullifying the US withholding tax in this account. I am asking more for the TFSA and non registered accounts. Thanks for your help people!
Submitted June 08, 2017 at 07:14PM by vslcar http://ift.tt/2s1vk7f
