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.
The majority of REIT dividends are taxed as ordinary income up to the maximum rate of 39.6 percent, plus a separate 3.8 percent surtax on investment income. However, REIT dividends will qualify for a lower tax rate in the following instances: When the individual taxpayer is subject to a lower scheduled income tax rate;