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Foreign Income for a Canadian Corporation

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(@Anonymous)
Joined: 1 second ago
[#154]

A Canadian Corporation receives income from A US Company,as a consultant, in US Funds, receives A W-8-Ben, But does all the work inside Canada, Is this income qualified For The Small Business Deduction?


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

Hi Tim, since the work is performed in Canada, the income is eligible for the small business deduction.


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