What are the tax implications to my Canadian corporation if I live outside Canada?
I have been a Canadian resident and own a Canadian corporation. Now, I am getting to my retirement age, and wish to live somewhere outside Canada where the climate is warm and no snow. I would ask my son-in-law to take care of my business when I live south.
how does a canadian start an off-shore corporation to legally avoid paying taxes on investments in canada?
this is, of course, as opposed to a canadian corporation investing in canada.
Canadian Corporation Niko Resources Bribed Bangladesh Energy Minister AKM Mosharraf Hossain
Bribes made abroad by Niko Resources Ltd. have cast a “dark stain” on Calgary’s reputation as the energy capital of Canada, a judge said Friday afternoon, while issuing a $9.5-million negotiated penalty against the company. “It tarnishes the reputation of Alberta and of Canada. It is an embarrassment to all Canadians,” Justice Scott Brooker said after Niko pleaded guilty in Court of Queen’s Bench to paying off a Bangladeshi minister with the use of a new black Toyota Land Cruiser, and a free trip to Calgary and New York in 2005. After months of back-and forth with the Crown -negotiations that went into the evening Thursday -Niko agreed to plead guilty to one charge under Canada’s Corruption of Foreign Public Officials Act and pay a fine of $8.26 million, plus a 15 per cent victim surcharge. It’s a Canadian court’s heftiest punishment for corporate bribes of foreign officials. Niko was also placed on a court-supervised probation for three years, during which time it must make strides in improving corporate culture. The company’s indictment this week came after a six-year RCMP probe involving Canadian police in Calgary and law enforcement agencies in Switzerland, Japan, the United Kingdom and Barbados -an investigation that cost $879000. “What happened was wrong. We acknowledge this. We accept responsibility, and we appreciate the seriousness of the actions,” CEO Ed Sampson, who was not in court, said in a statement. Niko lawyer Kristine Robidoux said the firm is not only …
Social Housing Services Corporation: Public Housing, Non- Profit Housing, Co- Operative Housing, Affordable Housing, Economic Impact of Immigration to Canada
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High Quality Content by WIKIPEDIA articles! The Social Housing Services Corporation (SHSC) was created in the Province of Ontario in 2002 to provide group services for social housing providers (public housing, non-profit housing and co-operative housing) following the downloading of responsibility for over 270,000 social housing units to local municipalities. It is a non-profit corporation governed by a board of municipal, non-profit and co-op housing representative… More >>
