How are dividends taxed from offshore companies?

[deklin888]

I am starting a web-based business and I would like to legally avoid double taxation. Canada does not have a tax treaty with Belize. If I own an International corporation based in Belize, that corporation will owe no tax in Belize.

If I took dividends in Canada from the international business company in Belize, would I be taxed in Canada at my personal tax rate of about 45% or at
the dividend rate of about 30%?

[JGCA]

For you to take dividends it means you are a shareholder, as such any foreign dividend income is not allowed to claim a dividend tax credit so it is included in your income as regular income subject to your marginal rate of 45% as you state. If there is witholding tax this can be claimed as a foreign tax credit.