- 5% for dividends paid between affiliated companies
- 15% for dividends paid in all other cases
- 5% for copyright and know-how royalties
- 10% for payments of interest and all other royalties.
This Convention will enter into force after each country has notified the other that the Convention has been ratified by its government. In Canada, the Convention will apply to tax withheld at source on amounts paid or credited to non-residents beginning on January 1 of the first calendar year after the Convention has entered into force and, for other taxes, for taxation years beginning on or after January 1 in the calendar year after the Convention has entered into force.
For more information, contact your KPMG adviser.