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I'm considering of putting some money into some US-based royalty trusts, and I was wondering what the taxation on their distributions is like for a canadian. Will it all be at my marginal rate, or does the return of capital factor into it?
Alternatively, if it was in an RRSP, there wouldn't be any withholding taxes taken out, correct?
Alternatively, if it was in an RRSP, there wouldn't be any withholding taxes taken out, correct?