Normal
I am not sure where the $50K comes in. There is a declaration in that section (2009 Supplementary Pack, Page S26, Part I) that you must make if you hold foreign assets in excess of $50K, but that is just a declaration. It doesn't mean you are not taxed if your assets are less than that.Looking at last year's tax pack, foreign dividends come under the 2009 Supplementary Pack, Page S24, Part E. The category is "Modified Passive Income such as royalties or dividends"."Interest in a foreign investment fund" seems like the wrong category IMO.I have no idea what iShares are, so can't comment in relation to them.
I am not sure where the $50K comes in. There is a declaration in that section (2009 Supplementary Pack, Page S26, Part I) that you must make if you hold foreign assets in excess of $50K, but that is just a declaration. It doesn't mean you are not taxed if your assets are less than that.
Looking at last year's tax pack, foreign dividends come under the 2009 Supplementary Pack, Page S24, Part E. The category is "Modified Passive Income such as royalties or dividends".
"Interest in a foreign investment fund" seems like the wrong category IMO.
I have no idea what iShares are, so can't comment in relation to them.
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