For a variety of small business owners, the reality is that they are self-employed and running their business without any employees. This could be done to keep costs down, but could...
Small businesses are collectively a huge source of hiring potential. A vast majority of workers are hired, not by large companies, but by small and relatively local ones. However,...
Starting a new business can be an expensive process, as you rent space; hire employees; purchase equipment, inventory and other supplies; and of course, the necessary filings to set...
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
5.2.2[a] Article V(1) – Definition of Permanent EstablishmentArticle V (1) provides a general concept of the notion of “permanent establishment” for the purposes of the Treaty.For...
Article IV(3)A situation of dual Resident Corporation may arise if a corporation is considered a resident in the U.S. under the treaty by virtue of its incorporation in the U.S.,...
4.3.1 (a) Residence of IndividualsUnder U.S domestic tax law, all individuals are subject to U.S tax, unless specifically exempted.U.S citizens are subject to U.S. tax on a worldwide...
While many of us do not enjoy the prospect of planning for our own demise, estate planning does serve a function. It provides a way to make sure that our wealth and our wishes are...
Investments can provide an additional income stream, both while you are working or during your retirement. But there are also the potential risks that come with an investment that...