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by skybo
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: 55879

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...