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JPMorgan US Equity Premium Income Active ETF (JEPI)
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JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ)
Q: Hi 5i Team
What would be the tax implication of holding these two etf on non-register account? Are they both subject to the 15% witholding tax and if they are is it better to keep it in a USD account to avoid currency risk and better liquidity?
What would be the tax implication of holding these two etf on non-register account? Are they both subject to the 15% witholding tax and if they are is it better to keep it in a USD account to avoid currency risk and better liquidity?
5i Research Answer:
Both trade in C$ and will pay distributions in C$. The payments will be in a combination of...