Finder's Pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
GigaCloud Technology Inc. has gone public. Here's what we know about the IPO and how to buy GigaCloud Technology Inc. stock in Canada.
On Thursday August 18, 2022, GigaCloud Technology, a China-based company that provides Business-to-Business solutions for trading heavy and large merchandise, began publicly trading on the Nasdaq Global Market under the ticker symbol "GCT." The opening stock price was $19.20, which was higher than the proposed price of $12.25.
To learn more about the company's IPO, view its registration filing with the US Security and Exchange Commission (SEC). We'll update this page as more information becomes available.
Note: all dollar amounts on this page are in US dollars unless otherwise stated.
Before you can invest in GigaCloud Technology Inc., you'll need to open a brokerage account.
You won't be able to buy GigaCloud Technology Inc. stocks on a Canadian stock exchange like the TSX. Instead, you need a Canadian broker that provides access to international stock exchanges.
Interactive Brokers provides access to many stock exchanges outside North America like the Hong Kong Stock Exchange (SEHK), Korea Stock Exchange (KSE), National Stock Exchange of India (NSE), Frankfurt Stock Exchange (FWB) and London Stock Exchange (LSE).
Note: The dollar amounts in the table below are in Canadian dollars.
Canadians who earn dividends from US stock investments must pay the US Internal Revenue Service (IRS) a 15% withholding tax on their earnings. The rate goes down to 10% for bonds and other interest-yielding US investments.
An exception is made for stock investments held in trusts designed to provide retirement income. This includes RRIFs, LIRAs, LIFs, LRIFs and Prescribed RRIFs. RRSPs that hold US stocks, bonds or ETFs are also exempt from US withholding tax. RESPs, TFSAs and RDSPs are not exempt.
Canadian and international investment income must be declared on your Canadian tax return. Unless your US earnings are exempt from withholding tax, this means you'll be taxed by both the IRS and the CRA. The CRA may allow you to claim foreign tax credits for any taxes you've already paid to the IRS.
Speak with a tax professional to find out what rules and exceptions apply in your circumstances.Online stock trading
Market volatility can be nerve-wracking. Discover 3 trading strategies plus the pros, cons and risks of investing in volatile markets.Read more…
Find out the key differences between the Dow Jones and S&P 500 plus key points to consider before investing.Read more…
Find out how long term investments work and how to use long term investments to build your wealth.Read more…
Market volatility can be nerve-wracking. Discover 3 trading strategies plus the pros, cons and risks of investing in volatile markets.
Find out the key differences between the FTSE 100 and Dow Jones plus key points to consider before investing.
Steps to owning and managing AOI stock, with 24-hour and historical pricing before you buy.
Steps to owning and managing ARBK stock, with 24-hour and historical pricing before you buy.
Find out the key differences between the Dow Jones and S&P 500 plus key points to consider before investing.
Find out the key differences between the FTSE 250 and the S&P 500.
Steps to owning and managing PNG stock, with 24-hour and historical pricing before you buy.
We narrowed down the best stock trading platforms based on 9 different categories. See how your brokerage stacks up.
Everything we know about the CBL International Limited IPO plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.