James Malcolm
Liberal
Hon. JAMES MALCOLM (North Bruce):
May I ask the Minister of Finance (Mr. Rhodes) apropos of the remarks he has just made, what the situation will be when an American holding company, the stock of which is largely owned in Canada, receives its dividends on Canadian securities.
Topic: INCOME TAX
Subtopic: PROPOSED FIVE PER CENT TAX ON INTEREST AND DIVIDEND PAYMENTS TO NON-RESIDENTS
Subtopic: PROPOSED FIVE PER CENT TAX ON INTEREST AND DIVIDEND PAYMENTS TO NON-RESIDENTS