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.
These dividends are taxable federally at the capital gains rate, which depends on the investorâs modified adjusted gross income (AGI) and taxable income (the rates are 0%, 15%, 18.8%, and 23.8%). Your 1099-DIV indicates the amount of your dividends that are qualified and hence taxed at a lower rate.