In the current economic context, Canada has, so far, come through the recession relatively unscathed. This may tempt U.S.-based enterprises to consider future expansion in Canada. Before implementing …
Canadian Tax Tips and Traps for U.S. Businesses
In Brief
- Before U.S.-based enterprises implement expansion plans in Canada, they should consider some key Canadian tax implications to avoid potentially costly missteps.
- Despite the similarities otherwise existing between Canada and the United States, the Canadian tax system differs, at times significantly, from its U.S. counterpart, and prudence would dictate obtaining Canadian tax advice.
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