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Foreign ownership of companies of Canada pertains to the majority-ownership of Canadian-based assets (including businesses and subsidiaries) by non-Canadian individuals or companies, as well as to companies that are effectively owned or controlled, directly or indirectly, by non-Canadians.
The Canada Revenue Agency (CRA) is the federal revenue service that collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. Learn about its history, structure, mandate, and operations from this Wikipedia article.
Learn about the constitutional and legal aspects of taxation in Canada, as well as the types and characteristics of taxes imposed by the federal and provincial governments. Find out how taxation is defined, delegated, and distinguished from regulatory charges and direct or indirect taxes.
Learn about the federal and provincial corporate tax rates, the small business deduction, and the changes to passive income investment rules in Canada. Find out the revenue, profits, and trends of corporate income taxes in Canada.
Learn about the CFIB, a non-profit organization that represents small and mid-size businesses in Canada. Find out its history, membership, political activity, positions, and research on various issues.
Learn about the history, constitutional authority, and administration of income tax in Canada by the Canada Revenue Agency (CRA). Find out how personal and corporate income taxes are levied, collected, and appealed in Canada.
Learn about the obligatory forms that must be submitted to the Canada Revenue Agency (CRA) each financial year for individuals or corporations earning an income in Canada. Find out who should file, when, how, and why, and what are the consequences of not filing.
The GST is a 5% value added tax imposed on most goods and services in Canada, except certain essentials and exports. It was introduced in 1991 by the Mulroney government and has been lowered twice since then.
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