This manual has been prepared by the Tax Group of Fasken Martineau DuMoulin LLP to provide general options available to a US investor, particularly a US corporation, looking to establish or acquire a business in Canada. The purpose of this guide is to highlight some key concepts to be considered.
The discussion includes the tax consequences under the federal Income Tax Act (ITA), the Canada - United States Tax Treaty (Treaty), and other federal and provincial taxation statutes. Immigration and corporate law issues are also addressed. This does not generally address provincial tax considerations. US legal and tax consequences are not addressed.
NB: This manual is intended to provide general information and is not intended to provide legal advice to any particular reader. Readers should seek qualified professional advice before acting on any information provided in this manual. Even though the information contained in this manual is regarded as true and correct at the date of publication, changes after the time of publication may influence its accuracy.