Trump takes charge, assertive but untested 45th US president. WASHINGTON (AP) â Pledging emphatically to empower America's forgotten men and women, Donald Trump was sworn in as the 45th president of the United States Friday, taking command of a riven nation facing an unpredictable era under his assertive but untested leadership.
Dividends paid by a publicly traded Canadian corporation to non-resident shareholders are subject to a 25 per cent withholding tax. The general rate of 25 per cent can be reduced if Canada has a tax treaty with the non-residentsâ country.
Dividend income is taxed at a significantly lower rate than. interest income. Depending on your tax bracket, this could mean the difference between. paying a 23% tax for your dividends or 46% tax for your interest income. (*Tax on capital. gains is roughly 25% for investors in the highest tax bracket.