There is no problems in continuing as previously and receiving payment in US$.
The financial statements to be reported for the US & Canada will not be identical due to different ways CCA etc. must be calculated. It is not that difficult to convert earnings in US$ to CDN$, I just use an annual ...
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- Tue Dec 09, 2014 5:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: New Canadian Resident with US self employed US business
- Replies: 1
- Views: 1463