Q: Hi 5i Team,
I would like to know if the dividend paid by BAM in USD in a US account qualifies for the federal and Ontario dividend tax credit.
Many thanks in advance for providing this information.
I would like to know if the dividend paid by BAM in USD in a US account qualifies for the federal and Ontario dividend tax credit.
Many thanks in advance for providing this information.
5i Research Answer:
Yes; BAM is a Canadian domiciled company and the dividend is an eligible dividend.