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.
I am considering a move back to Canada from the US but would continue to employed by a US firm. If I were a non-majority shareholder (~40%), Is it better to continue as an employee/owner or to set up as a contractor and perform work as a contractor and, in addition, pay capital gains as an owner?
If you are an employee, it MUST be on a Cdn payroll, so that might push you to decide to simply be a contractor.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best