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I live in Canada and receive US dividends. I was under the impression I'd have to pay a 15% non resident withholding tax on the dividends, which seems to be true however on one recent dividend it looks closer to 40%. Stock = USAC, Shares = 176, Dividend = .525, Expected payment = (176.525).85 = 69.09, however I received 55.81 instead.

Maybe I don't understand dividends and tax as well as I thought, any insight?



Submitted November 10, 2017 at 10:23AM by yeahrightlikeimgonna http://ift.tt/2yO8GUj

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