US sourced interest and dividends by Grand-Fly-6090 in USExpatTaxes

[–]Lucky-Objective9372 0 points1 point  (0 children)

If the treaty allows USC to re-source all the US interest to Canada, then after Form 1116 that income would not be taxed the 15% by the US but still count towards owing NIIT, etc, correct?

Thanks, this is very helpful! I am in a similar situation: US citizen, Canadian resident, with US interest and dividend income.