Originally Posted by sailfish
When Canroys change to a corporation in 2011, will the Canadian tax of 15% for American stock holders be eliminated? I have been holding some stock in my IRA account which does not permit me to take the tax credit on my IRS taxes for the last 4 years.
No, Canadians will pay more, but because of reciprocal agreement with US, US citizens pay 15%. May want to check your canroy, not all of them are changing structure. Withholding for US citizens does not differ whether canroy or corporate.