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Canadian Corp loan to US corp affilate - does Canadian Corp file a US return?

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(@Anonymous)
Joined: 1 second ago
[#147]

If a Canadian Corporation owns 60% of a US corporation that operates and pays taxes in the US, and the Canadian Corp earns interest income on a loan to the US corp, does the Canadian corp have to file a US tax return?


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Posts: 663
(@dexter)
Joined: 3 months ago

Hi, C Grant. No, the Canadian corporation does not have to file a US tax return.


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