Is there a US Withholding Tax on Long Term Capital Gains?

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taxxy
Posts: 2
Joined: Sun Dec 01, 2013 11:44 pm

Is there a US Withholding Tax on Long Term Capital Gains?

Post by taxxy »

Hi folks,

1) If a Canadian individual owns stock in a private US company (C-corp), and sells it for a long term capital gain (receives cash), is there any US withholding taxes on it?

2) If a Canadian Controlled Private Corporation (CCPC) owns stock in a private US company (C-corp), and sells it for a long term capital gain (receives cash), is there any US withholding taxes on it?

Appreciate your insight,
Taxy
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