by Sebastien Prost, CPA | Jan 8, 2024 | Non-Residents
The Canada-United States Tax Treaty is a bilateral accord aimed at preventing double taxation and tax evasion. This treaty, which has been in effect since 1980, with several amendments over time, provides clarity and certainty about the tax obligations for residents...
by Sebastien Prost, CPA | Jan 5, 2024 | Non-Residents
Canadian withholding tax represents a crucial aspect of tax law that non-resident companies and their shareholders must navigate when engaging in business within Canada. This tax is levied on certain types of income paid to individuals and entities that are not...
by Sebastien Prost, CPA | Dec 14, 2023 | Non-Residents
Opening a business bank account in Canada as a non-resident has become an obtainable goal due to advancements in digital banking services. Non-residents intending to establish or expand their businesses within Canada’s borders now have a pathway to manage their...
by Sebastien Prost, CPA | Nov 8, 2023 | Non-Residents
Navigating the intricacies of corporate taxes in Canada is essential for non-resident corporations conducting business within the country. These entities are subject to specific filing requirements as stipulated by the Canadian Revenue Agency (CRA). Unlike resident...
by Sebastien Prost, CPA | Nov 5, 2023 | Non-Residents
Non-resident corporations operating in Canada are subject to specific income tax filing requirements that vary from those of domestic companies. When such a corporation engages in business activities in Canada or disposes of Canadian property, their tax obligations...
by Sebastien Prost, CPA | Nov 1, 2023 | Non-Residents
Canada imposes specific withholding tax obligations on payments made to non-residents for services rendered within the country, which are delineated under Regulations 102 and 105 of the Canadian Income Tax Act. These regulations ensure that Canada collects the...
