Withholding Tax Rates

Table with 4 columns and 8 rows.
Type of account
US-listed ETF of US stocks0.00%0.00%0.30%
US-listed ETF holding developed markets stocks directly0.25%0.25%0.69%
US-listed ETF of emerging market stocks0.29%0.29%0.69%
Canadian-listed ETF holding a US-listed ETF of US stocks0.30%0.00%0.30%
Canadian-listed ETF holding a US-listed ETF of developed market stocks0.59%0.16%0.59%
Canadian-listed ETF holding a US-listed ETF of emerging market stocks0.69%0.29%0.69%
Canadian-listed ETF holding US stocks directly0.30%0.00%0.30%
Canadian-listed ETF holding developed market stocks directly0.26%0.00%0.26%
Percentages are representative and can vary from one ETF to another and according to prevailing market conditions. In this table, the higher percentages indicated in the PWL Capital study have been retained.
Source: PWL Capital