Understanding Section 899: How the New U.S. Tax Bill Could Impact Canadians - Beaconhill
Key Points Importance to Canadians: Section 899 of the proposed U.S. tax bill targets countries with “unfair” taxes, like Canada’s digital services tax, potentially increasing U.S. taxes on Canadian investors and businesses by up to 20% (e.g., dividend withholding tax rising from 15% to 35% over four years, up to 50% if new rates are… Continue reading Understanding Section 899: How the New U.S. Tax Bill Could Impact Canadians| Beaconhill
