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Investors and rental owners
How do I claim foreign tax credits?
Line 40500:
You may be able to claim the federal foreign tax credit for foreign income or profit taxes that you paid on income you received from outside Canada and reported on your Canadian tax return. Tax treaties with other countries may affect whether you are eligible for this credit.
Foreign income and foreign taxes must be converted to Canadian dollars
Foreign Income and Tax Treaties
Declaring Foreign Property on Your Tax Return
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May 11, 2023
6:48 AM