The Lawyer's Daily is now Law360 Canada. Click here to learn more.

Story image

Foreign tax credit and deductions for non-business income taxes paid and hybrid entities

Wednesday, May 05, 2021 @ 10:49 AM | By Carolyn Wong

Part one discussed a foreign affiliate system, contained in the Income Tax Act (ITA), that protects the Canadian tax base while also relieving the burden of international taxation in providing restricted...