CDN resident with US C Corporation
Moderator: Mark T Serbinski CA CPA
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- Posts: 4
- Joined: Sun Sep 11, 2016 10:46 am
CDN resident with US C Corporation
I am a Canadian resident (dual citizen of the US and Canada) and am the sole shareholder of a US C Corporation. I have an office in the US but also provide services to my US clients from my home in Canada. Do I need to file any special forms (e.g, relating to foreign owned corporation) when filing Form 1120? Assuming I don't pay myself any dividends or salary, do I have to pay any taxes to the CRA in Canada on any profits of this US Corp?