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The Joy of Canadian Tax: Show Me the Money!

A U.S. franchisor looking to expand into Canada has a daunting, but entrepreneurially acceptable, challenge ahead. One of the issues to be dealt with early on is: How will I be taxed at home and "abroad"? That's right: "abroad." As tempting as it may be to view Canada as the 51st state, it just isn't so. North of the 49th parallel of latitude lies a foreign country complete with all the usual structural pitfalls.

17 minute read December 30, 2004 at 12:28 PM
By
Markus Cohen, Q.C.
The Joy of Canadian Tax: Show Me the Money!

A U.S. franchisor looking to expand into Canada has a daunting, but entrepreneurially acceptable, challenge ahead. One of the issues to be dealt with early on is: How will I be taxed at home and “abroad”?

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