This structure can result in additional foreign withholding taxes on dividends. (moneysense.ca)
If you held this fund in an RRSP account, the international foreign withholding taxes of about 4 % would be lost. (pwlcapital.com)
Officers, directors and principal employees of closely - held companies may be personally liable for payment of withheld taxes if the company runs out of funds to pay these obligations. (petbusiness.com)