7 . 2 . 1 (a)In general, the net business profits of a non-resident carrying on business or any other income generating activities in Canada are subject to the income tax imposed under...
Posted by The Accounting and Tax on 08/31/2017
Buying a rental property could be a wonderful way to make passive money and indulge in some investment portfolio diversification. But owning a rental property is not as simple as...
Posted by CROMWELL & ASSOCIATES, LLC on 04/19/2017
Buying a rental property could be a wonderful way to make passive money and indulge in some investment portfolio diversification. But owning a rental property is not as simple as...
Posted by Michael Coleman Tax & Accounting on 03/01/2017
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
For a variety of investors who are looking to diversify their portfolio, it can go beyond just choosing investments in a variety of industries. This can include investing in a global...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
Investing in rental properties can be a significant income stream or provide an income supplement throughout the year. However, this investment also comes with potential tax implications,...