Are you a non-resident looking to start a business in Canada? You’re not alone! Many entrepreneurs from around the world have successfully launched their businesses in Canada, and we’re here to help you do the same. Can a Non-Resident Register a Business in Canada? Yes, it is possible for a non-resident to register a business […]
Tag Archives | Canada Company Registration for Non-Canadian residents
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 […]
Branch Tax on any non-resident corporation carrying on business in Canada
in Canada the Canada Federal Income Tax Act ITA imposes a “branch tax” on any non-resident corporation carrying on business in Canada. This tax is meant to be a proxy for Canadian non-resident withholding tax on dividends paid by a Canadian subsidiary to its non-resident parent corporation. In the absence of the branch tax, a […]
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 […]
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 […]