+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Corporation in canada

KUTTTY

Star Member
Sep 1, 2009
89
0
Dear friends,

I am asking this question for my friend,

If he has a corporation in canada, will he be a resident for tax purposes eventhough he is living out of country.


Please let us know..

Thanks in advance.
 

KUTTTY

Star Member
Sep 1, 2009
89
0
recently My friend has been asked by cra to fill out the NR73 form to determine the status, eventhough he is not living in country from last few years. He is working and paying in taxes in U.S but they had asked to pay taxes in canada on the income in U.S since they do not have exact date in their system when he left the country. So they asked him to fill NR73 form to determine the status.

He is filling the form now. But he has some questions: Having a corporation in canada will effect the status?

Please someonev answer for him.


Thanks,