Yes, the world economy is slowing down, but I believe most Americans are overlooking the real strength of the India-China combination.
No one in this string bothered to mention the tax pools which some of the royalty trusts are building, which will shelter them from the effects of the new tax for years to come.
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]
P.S. When taking the foreign tax credit, one need not apply for a refund, it is just a paper credit, supported by forms sent to you by the royalty trust. No need to apply to the Canadian govt. Very simple, actually.
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]
chazzzzz, the dividend does not disappear in 2011. The tax is on the dividend. Remember, under the foreign tax treaty, the amount collected by the Canadian govt is a tax CREDIT, not just a deduction. Very nice at tax time. Don't know if the provincial tax will be treated the same way. For US citizens, the 15% Canadian withholding effectively reduces the net dividends so 14% becomes 12% - until you file your annual taxes. Then you get that withheld amount back in the form of a credit. The only US corporate sector paying large dividends are shipping firms, and they are certainly volatile, as well. As to the author's comment implying that the dividends of "normal" stocks do not fluctuate, that is asimply ridiculous.
Canadian Energy Trusts: The Best Long Term Income and Dollar Hedge? (Part 2) [View article]
sometime your thoughts on pipelines would be appreciated.
Three Top Canadian Royalty Trusts [View article]
overlooking the real strength of the India-China combination.
No one in this string bothered to mention the tax pools which some of the royalty trusts are building, which will shelter them from the effects of the new tax for years to come.
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]
Very nice at tax time. Don't know if the provincial tax will be treated the same way. For US citizens, the 15% Canadian withholding effectively reduces the net dividends so 14% becomes 12% - until you file your annual taxes. Then you get that withheld amount back in the form of a credit.
The only US corporate sector paying large dividends are shipping firms, and they are certainly volatile, as well.
As to the author's comment implying that the dividends of "normal" stocks do not fluctuate, that is asimply ridiculous.