The vinyl rerelease came with a poster of it . It went to my wall immediately . <| sep |> Are you trying to tell me I ' m not succesful ? <| sep |> It ' s overly generalized . Basically distribution of US fund are taxed 15 % by Uncle Sam . SP 500 now pays out around 2 % so 0 . 3 % of your fund goes to them If you buy in it RRSP account , because of tax treaty between Canada and US , it is seen as a retirement fund , hence the tax is not applicable . The same is not true for TFSA If its in taxable account , you are taxed but is recoverable in Foreign investment tax form . But you are also responsible for capital gain tax . Note This is true only for USlisted funds holding US or International stocks . TSXlisted in a wrapper structure will still get taxed