Blind Owl

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    • Sat Jun 28th 12:38 PM
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      High-Yield Canadian Royalty Trusts: What's the Catch?
      One other caveat about the 15% foreign tax witheld by Canada:
      You don't get a credit for 100% of the tax withheld, you only get a proportion based on the proportion of gross foreign income to gross total income.
      And form 1116 (Forign tax credit) is a bitch to fill out.
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