What Do Foreign Investors Need To Know About Dividend Withholding Tax in Canada?
Canada generally imposes 25% Part XIII withholding tax (WHT) on dividends paid by Canadian-resident companies to non-resident investors. The Canada Revenue Agency (CRA) administers the tax, while an applicable treaty may reduce the rate, commonly to 15% for portfolio investors or 5% for qualifying corporate shareholders. Investors can obtain the reduced rate at source when […]