An important distinction exists between doing business “in Canada” (generally considered to result in a Canadian tax presence) and doing business “with Canada” (which can often be accomplished without any Canadian tax presence). A business may be carried on in Canada directly by a non-Canadian (through what is known as a “branch office”) or indirectly […]
Tag Archives | Canada Company Registration
Ontario income tax on individuals and corporations.
In Canada, both the Ontario and federal governments impose an income tax on individuals and corporations. The federal government collects personal income taxes for Ontario. residents of Ontario file one combined federal and Ontario income tax return with the Canada revenue Agency (the “CRA”). As a result of a “harmonization”, effective for tax years beginning […]
