If one is US resident and holds a Can Roy such as PWE in an IRA, can you take the 15% foreign tax credit? The Canadian govt takes 15% of your dividends before you get them. If you hold it in a taxable acct you get that as a tax credit. Can you still get it if you hold it in an IRA?
========================================= MODERATOR'S COMMENT: Sorry, no foreign tax credit. What happens in an IRA stays in the IRA.