Withholding Tax for Canadian citizen in a US partnership

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czemel
Posts: 5
Joined: Mon Feb 27, 2017 11:45 am

Withholding Tax for Canadian citizen in a US partnership

Post by czemel »

Is there any Canada-US tax treaty benefit for withholding tax derived from a US based partnership (LP) with a Canadian individual owner. Essentially, the withholding is supposed to be 39.6% for noncorporate partners. Is there a reduced rate for Canadians. I read somewhere that it may perhaps be 30%, but not sure.
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