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Moderator is drppingsoprano

Date: 5/24/2018 1:53:58 PM
Frequently Asked Questions
Author: casky Country Flag
Subject: 19507/19558 - US Stock Question
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I buy a US stock and put it in my TFSA. It is a dividend stock. So my understanding is they would hold 15% of the dividend at the source. That money is essentially lost.

Does this also mean I don't have to declare anything on my taxes when I sell as long as this is held in my TFSA.

What I am after is I purchase the stock. Put it into my TFSA and I don't need to track anything as far as taxes or gains/losses are concerned. The US government holds the 15% and that is the end of it.

Is this right?
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