5471 help

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
file5471
Posts: 1
Joined: Tue Jul 19, 2011 7:27 pm

5471 help

Post by file5471 »

Hi,

I own Canada Corp less then 30%. And I am not officer or director. Cannot understand the category 3 filer requirments. does it mean only in the acquisition year I need file as category 3 filer? If the ownership doesn't change, does it mean I don't need file 5471 every year?

Thanks!
Post Reply