Search found 1 match
- Sat May 14, 2022 6:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US resident taking dividends out of Canadian corp
- Replies: 0
- Views: 73532
US resident taking dividends out of Canadian corp
I live in California. I am a US tax resident, and Canadian tax non-resident. I am a part owner in a small Canadian corporation. I want to take out some profit out of the Canadian corporation as dividends. What are the tax implication for that? Do I need to pay taxes on it in Canada? Will it be taxes...