Q: Re: Comment by Denis
Unilever trades under two primary symbols: UL and UN.
UL is traded on the London exchange and there are no withholding taxes. (but some minor administrative fee).
UN is also Unilever, but is traded in Amsterdam and there is Dutch witholding tax.
Hence for an RRSP or TFSA, one should always buy UL. As for a non-registered account, if the withholding tax on UN does not exceed 15% (the max foreign dividend tax credit offered by the CRA to individuals, to the best of my knowledge), it doesn't make any difference whether you purchase UL or UN.
Unilever trades under two primary symbols: UL and UN.
UL is traded on the London exchange and there are no withholding taxes. (but some minor administrative fee).
UN is also Unilever, but is traded in Amsterdam and there is Dutch witholding tax.
Hence for an RRSP or TFSA, one should always buy UL. As for a non-registered account, if the withholding tax on UN does not exceed 15% (the max foreign dividend tax credit offered by the CRA to individuals, to the best of my knowledge), it doesn't make any difference whether you purchase UL or UN.