Hi,
I have a small amount invested in ETF VFV-C in my TFSA trading account. I understand from recent readings that the dividends paid out from this ETF are subject to US withholding tax. Am I correct in understanding that the the withholding tax is deducted from the dividend amount prior to disbursement?
Thank you
Hey there. Yes, the withholding taxes should be dealt with on the funds end. Because the fund technically owns the US holdings, they are the ones who pay the tax.