Where dividends received come from a foreign affiliate in a country with which Canada has a tax treaty, the dividends must be included in the taxable income of the Canadian owner.

Question

Quizplus · Accepted Answer

Dividends received from a foreign affiliate in a country with which Canada has a tax treaty are generally eligible for a deduction under the foreign affiliate rules, meaning they are not included in the taxable income of the Canadian owner.

Where Dividends Received Come from a Foreign Affiliate in a Country