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by vmanasvi
Thu Nov 26, 2020 7:28 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax on Dividends from U.S. for Canadian Residents
Replies: 3
Views: 2287

Tax on Dividends from U.S. for Canadian Residents

I am a new Canadian Resident, non-resident U.S. Alien - I own 2 different companies a C-Corp in the U.S. and a Federal CCPC in Canada. If the U.S. company pays out dividends -

1. What is the tax treatment of those dividends in Canada?
2. Do I need to file for any taxes in the U.S. as well?