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

Question

2366 viewsMarch 27, 2018

0

C Grant (anonymous) Posted March 25, 2018

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?

1 Answer

score 0 · Answer 1 · 2018-03-27T17:38:21+00:00

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

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

1 Answer

Mississauga's Thought Leader

REQUEST A FREE CONSULTATION

Pin It on Pinterest