How Select From Your Canadian Tax Software Program: Difference between revisions

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Revision as of 19:54, 18 October 2026

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Conversely, earned income abroad, and passive income from foreign securities, rental, or all else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, should be used as credits against U.S. taxes due. Another angle to consider: suppose little business takes a loss for this year. As a C Corp there is no tax on the loss, however there transfer pricing can also no flow-through to the shareholders several an S Corp.

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