Hi, I am looking to work as an independent contractor for a company in the United States. I will be working from Ontario, and have no US working permissions. They will be paying me in USD.
Do I need to register as a sole proprietorship, or can I simply just bill them under my name?
If my understanding is correct, I provide the employer/client with a W8-BEN, which means they don't have to withhold at source, and I just report on my personal income taxes?
Finally, I have both a USD denominated account in Canada, and a US bank account in the US. Does it matter which one they pay into? Can I have them pay into the US account and then transfer into my Canadian account without incurring US tax obligations?
Working as a contractor for a US company from Canada
Moderator: Mark T Serbinski CA CPA
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