how would the tax work in this situation????
suppose i have a real estate development company registered in the cayman islands, and the funds at hsbc situated in the cayman islands. i currently live in ontario canada, and i would like to start investing here in canada with the funds in the cayman
Non-Resident corporations doing business in Canada are liable for Canadian taxes on Canada-sourced income (or capital gains).
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/c rprtns/rtrn/fl-eng.html
There is no way around this.
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