Monday, December 2, 2024

Dividend Income

Most dividends received from companies located outside of Canada are not paid in full to stockholders. Most countries have a withholding tax on dividends though in some cases the tax can be partially reimbursed if there is a tax treaty between Canada and that country. But there are a few countries that do not have a withholding tax. This list includes prominent companies in each country.

  • United Kingdom (Shell, British American Tobacco, BP, HSBC, Barclays, Rio Tinto, Imperial Brands, AstraZeneca, Anglo American, Unilever and GlaxoSmithKline)
  • Hong Kong
  • Singapore (DBS Group, OCBC Bank)
  • Malaysia
  • Vietnam 
  • Estonia
  • Latvia
  • United Arab Emirates
  • Kuwait 
  • Qatar
  • Malaysia
  • Mauritius
  • Bahamas
  • Bermuda
  • Cayman Islands 

Real Inflation Rate

The Consumer Price Index (CPI) in Canada is the index used to show the general inflation rate. This is occasionally publicized to show how t...