Canadian fag here looking to get an answer from other Canadian fags:
I want to invest in the US Stock Market. if I get dividends, in my tax return, do I gross up and then do a dividend tax credit (eligible and non-eligible)? If I have Capital Gains, do I consider it a foreign non-business income and related tax credit?
Do you do any of that?
Use TFSA then you don't need to pay tax on investments.
Also who's that in pic related, is she cute?