Income from branch operations of Canadian corporations in foreign countries is not included in the taxable income of the Canadian corporations.

Name: Income from branch operations of Canadian corporations in foreign countries is not included in the taxable income of the Canadian corporations.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Income from branch operations of Canadian corporations in foreign countries is generally included in the taxable income of the Canadian corporations, subject to foreign tax credits and other considerations.

Income from Branch Operations of Canadian Corporations in Foreign Countries