Canadian taxation and foreign investment.
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Canadian taxation and foreign investment. by Jean Boyer De la Giroday

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Published by Canadian Tax Foundation in Toronto .
Written in English


  • Income tax -- Canada,
  • Investments, Foreign -- Taxation -- Canada

Book details:

Edition Notes

Bound with: no. 6-8.

SeriesCanadian tax papers -- no. 9
ContributionsCanadian Tax Foundation.
LC ClassificationsHJ4661 D33
The Physical Object
Paginationiv, 100 p. ;
Number of Pages100
ID Numbers
Open LibraryOL17248753M

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The Federal Foreign Tax Credit link provides you with information on If the U.S. tax on that amount was $7, and the Canadian tax on that amount was $10,, Canada would give you credit on. Canadian Taxes for US Investors: The Comprehensive Guide Published on February 9th, by Nick McCullum There are a number of high-quality investment opportunities available in Canada for purchase by United States investors.   Currently, Ontario is the only Canadian jurisdiction that imposes such a tax. Start-up Losses. Start-up losses incurred by either a branch or a subsidiary may generally be carried forward for Canadian income tax purposes for 20 years and deducted from taxable income earned in Canada. Canada’s income tax treaty with the U.S. and the Canadian and U.S. foreign tax credit mechanisms are designed to avoid having taxpayers taxed twice on the same income. So, reporting the same income on your Canadian and U.S. income tax returns (adjusted for the different currencies, of course) does not mean you’ll be subject to double tax.