Taxation of TCP Gain Distributions The distributions that any Canadian mutual fund pays out of its gains on taxable Canadian property will be treated, if the mutual fund is a trust, as Canadian-source trust income or, if the mutual fund is a corporation, as a taxable dividend, subject to the existing non-resident withholding tax (under Part XIII of the Income Tax Act).
Cet impôt s’applique au taux de 25% prévu par la loi, mais il est habituellement réduit par convention fiscale à 15%.