Is Clear Channel Outdoor Holdings Inc (CCO) better in a TFSA, RRSP, or taxable account?
Clear Channel Outdoor Holdings Inc (CCO) trades on NYSE and is US-domiciled. Here is the educational, tax-aware account-location read for Canadian investors deciding between a TFSA, RRSP, and taxable account.
Educational account fit: RRSP
US dividends are generally exempt from US withholding in an RRSP, while the TFSA leak is unrecoverable.
Dividend character: US-source foreign income. Listing eligibility: Yes* — Listed on NYSE, a designated exchange in this build's exchange map
CCO across account types
TFSA
US withholding is generally 15% of dividends and is unrecoverable inside a TFSA.
RRSP
Canada-US treaty treatment generally removes US withholding for directly held US dividends in an RRSP.
Taxable (non-registered)
US withholding is generally creditable, but the dividend is foreign income and does not get the Canadian dividend tax credit.
See the live read for CCO
Open Clear Channel Outdoor Holdings Inc in the screener for current data and the full TFSA, RRSP, and taxable-account breakdown.
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