Canada Tax

Canada tax questions answered by Experts

Connect one-on-one with {0} who will answer your question

Related Canada Tax Questions
What percentage of dividends should shareholders get paid?
What percentage of dividends should shareholders get paid? … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I have taken on ownership in restaurant wondering how
I have taken on ownership in restaurant wondering how dividends are taxed and at what percentage. … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
Andrew, i have a question about taxes. If a holding corp has
Hi Andrew, i have a question about taxes. If a holding corp has 3 shareholders that owns 1 property, if one shareholder wants to buy the other two out, there is no land transfer taxes to be paid bc th… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
My husband is a doctor in Toronto, Canada. He works as an
My husband is a doctor in Toronto, Canada. He works as an independent contractor for CAMH. Can he create a one-person corporation to save on taxes? The corporate tax rate is a lot lower than employees… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I was hoping to get some tax advice from a professional on
Hello,I was hoping to get some tax advice from a professional on my current business situation in Canada.I am a Canadian citizen and resident who opened a corporation in BC in April 2021. My wife is a… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I'm a doctor in canada dual citizen. Is there any benefit to
i'm a doctor in canada dual citizen. Is there any benefit to having a dividend account in the corporation? Will that allow me to save on taxes in canada? Even if it did my understanding is that the di… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
Canada incorporation tax vs personal tax. I need chartered
Before applying as Incorporation a year ago, we used to submit the side of the business in our personal income tax. Now needing guidance as to differentiate corporation taxation vs. business in our personal tax. As directors of the corporation, me and my husband, do we still submit business tax information in our personal tax submission for this matter? We have not taken any salary from the business, how do we reflect this in our taxes (personal & corporation)?… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
Overseas income for canadian tax payer. Is profit made by an
Is profit made by an off shore company wholly owned by a canadian tax payer taxable in Canada even if no profit is paid to the taxper by way of dividends or salary? … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I have a business in Belize that owns a rental house not
I have a business in Belize that owns a rental house not sure how to file here in Canada … read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
If one of the partners in the company that we are going to
Hello If one of the partners in the company that we are going to register is not a Canadian resident. Does it affect the company activity, in terms of corporate taxation eligible deduction and eligibl… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I have a client that is a motivational speaker with an S
I have a client that is a motivational speaker with an S Corp. She spoke in Canada earlier this year and will be receiving a form T4A-NR. Will I have to file a Canadian tax return for the S Corp for 2… read more
AndrewD914
AndrewD914
CPA, CA, CFA
Bachelor's Degree
1,399 satisfied customers
I am selling 100% shares in my Canadian corporation. Do we
I am selling 100% shares in my Canadian corporation. Do we need to register the change of the ownership somewhere with the state or regional government or with the tax authorities?… read more
Jeffrey Horning
Jeffrey Horning
Senior Information Technology Auditor
Master of Business Administration (MBA)
653 satisfied customers
I own shares in a company and want to sell value of shares
I own shares in a company and want to sell value of shares is 500 k. I also have a holding company that only has money in it and is not an active business. What I would like to find out is if I can co… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
9,340 satisfied customers
I am not a Canadian Citizen but want to own a business in
I am not a Canadian Citizen but want to own a business in BC, Canada. What are the tax implications? How do i acquire dividends legally?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
22,460 satisfied customers
Good day. Thank you for answering this question.....If a person
Good day. Thank you for answering this question.....If a person is paid a net dividend of $30000 from South Africa - 15% tax has been withheld on the gross dividend declared by a company, to be paid o… read more
Megan C
Megan C
Master's Degree
15,483 satisfied customers
Must a person pay taxes for money received as a "present" fr
Must a person pay taxes for money received as a "present" from abroad? What are the implications of bringing cash over $10 000 into Canada without declaring it? The cash is a present. Must an individu… read more
Legal Ease
Legal Ease
Lawyer
Doctoral Degree
304 satisfied customers
My husband and I are Canadian and incorporated our start up
My husband and I are Canadian and incorporated our start up internet on line business. We are about to take on a 10% partner from the US who will be helping us with our first round of financing. The i… read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
1,077 satisfied customers
Hi there - I have a question about what my wife and I are required
Hi there - I have a question about what my wife and I are required to file in terms of income tax returns and declarations to the United States government. Both my wife and I are Canadian citizens, we… read more
Arthur Rubin
Arthur Rubin
Tax Preparer
Doctoral Degree
63 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Arthur Rubin

Arthur Rubin

Tax Preparer

63 satisfied customers

Tax preparer with 23 years experience, including US/Canada tax returns.

AndrewD914

AndrewD914

CPA, CA, CFA

1,399 satisfied customers

Expert

Legal Ease

Legal Ease

Lawyer

304 satisfied customers

Lawyer

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

6,083 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

877 satisfied customers

B.A., M.B.A, J.D.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x