I am a foreigner and non-resident of Canada.
If I open an account with inheritance money coming from my home country, do I pay taxes on that initial deposit?
If I have an account which receives income from my personal business, in which threshold do I fall in terms of the percentage I have to pay? The products of this business are made in Mexico but are sold in Canada.
If I incorporate here in Canada (my business partner is Canadian), how much is the corporate tax? and if both of us are employees of the company where do we fall in terms of the percentage of payable tax?
This will be in Ontario.