The Taxation of Foreign Affiliates relates to the tax consequences under the Income Tax Act and Regulations to a taxable Canadian resident of acquiring, holding, and disposing of shares in a non-resident corporation, which is characterized as a foreign affiliate in relation to the taxpayer. The area of the taxation of foreign affiliates is one of the most complex parts of the Canadian tax regime and is becoming increasingly important as Canadian corporations continue to expand their foreign operations.
This supplemented book provides a comprehensive and detailed review of the foreign affiliate rules written in a clear, understandable style. It also includes additional reading references that provide tax practitioners with a summary of what has been written by academics, practitioners, and Canada Revenue Agency in the past.
The supplemented format of the book ensures that the work is updated to reflect ongoing developments in this area of taxation.
The work includes the following chapters:
The Taxation of Foreign Affiliates relates to the tax consequences under the Income Tax Act and Regulations to a taxable Canadian resident of acquiring, holding, and disposing of shares in a non-resident corporation, which is characterized as a foreign affiliate in relation to the taxpayer. The area of the taxation of foreign affiliates is one of the most complex parts of the Canadian tax regime and is becoming increasingly important as Canadian corporations continue to expand their foreign operations.
This supplemented book provides a comprehensive and detailed review of the foreign affiliate rules written in a clear, understandable style. It also includes additional reading references that provide tax practitioners with a summary of what has been written by academics, practitioners, and Canada Revenue Agency in the past.
The supplemented format of the book ensures that the work is updated to reflect ongoing developments in this area of taxation.
The work includes the following chapters: