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Tag Archives | Doing Business in Canada

Thinking About Expanding Your U.S. Business Into Canada? Why a Canadian Subsidiary May Be the Right Structure

A Complete Guide to Canadian Subsidiary Registration for U.S. Companies For a successful U.S. company, expanding into Canada can be a natural next step. The Canadian market offers geographic proximity, an established business environment, strong commercial ties with the United States, and access to a broader North American and international market. For many American companies, […]

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Business Opportunities in Canada: Why Global Entrepreneurs Are Choosing Canada to Start and Scale Their Businesses

Canada, a Land of Global Opportunity Canada is not only one of the world’s most stable economies but also a top destination for global entrepreneurs seeking growth, security, and long-term success. With a GDP of over USD 2 trillion, a strong banking system, abundant natural resources, and a government that welcomes foreign entrepreneurs, Canada stands […]

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Canadian Taxation of Non-Resident Trusts

A taxpayer’s residency will govern the extent of Canada’s jurisdiction to tax. Accordingly, as with non-resident individuals, a non-resident trust is not taxable in Canada unless it derives Canadian source income. However, in certain circumstances, a non-resident trust can become subject to Canadian tax on its worldwide income, if it is deemed to be resident […]

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Canadian tax on capital gains derived from the disposition of taxable Canadian property

Non-residents are liable for Canadian tax on capital gains derived from the disposition of “taxable Canadian property”. “Taxable Canadian property” is defined to include, among other items, real property and resource property in Canada, assets used in carrying on a business in Canada, and shares in the capital stock of certain corporations. Any disposition of […]

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Employment Income for non-Canadian residents

non-resident individuals are taxable in Canada if they are employed in Canada and their taxable income is attributable to the duties of the office or employment performed by them in Canada. Whether an individual is deemed employed in Canada depends on the location where employment services are physically performed. If a non-resident renders services to […]

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Filing and Reporting Requirements

Canadian residents are required to file an annual Canadian income tax return with the Canada Revenue Agency (CRA) and to report their worldwide income. Canadian residents are also required to file information returns with respect to certain foreign property interests, as well as certain transactions with non-arm’s length non-residents or transactions with foreign trusts. Corporations […]

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Information, Knowledge & Expert Advice to start, run, grow, market & expand a strong successful business in Canada