Withholding Taxes On Dual-listed Canadian Shares Being Acquired

Discussion in 'Stocks' started by martingale, Jan 17, 2022.

  1. 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.