non-residents of Canada for tax purposes (you can't tax non-residents on worldwide income obviously because they are not Canadian.) The base is certain Canadian source taxable income in Division D of the Act if they were : employed in Canada, carried on a business in Canada, or disposed of a taxable Canadian property (e.g., Canadian real estate) at any time in the year or a previous year Read ITA 2(1), 2(2), 2(3) 2.2 Definitions [1-78] Person = individuals, corporations, and trusts Resident – unless an…
Words 6594 - Pages 27