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The New Brunswick Business Corporations Act, the Nova Scotia Companies Act, the Quebec Business Corporations Act, and the British Columbia Business Corporations Act make no stipulations that resident Canadians be directors. [14] New Brunswick provides that Extra Provincial Corporations need only have an "attorney for service" resident in that ...
(b) The person is considered under the taxation law of the other Contracting State to have received the amount from an entity that is a resident of that other State, but by reason of the entity being treated as fiscally transparent under the laws of the first-mentioned State, the treatment of the amount under the taxation law of that State is ...
Canadian corporate law concerns the operation of corporations in Canada, which can be established under either federal or provincial authority.. Federal incorporation of for-profit corporations is governed by Corporations Canada under the Canada Business Corporations Act.
The Canada Business Corporations Act (CBCA; French: Loi canadienne sur les sociétés par actions) is an act of the Parliament of Canada regulating Canadian business corporations. Corporations in Canada may be incorporated federally, under the CBCA, or provincially under a similar provincial law.
Under Indian law the corporate, managing bodies, etc. and several other non-human entitles have been given the status of the "legal person". In court cases regarding corporate, the shareholders are not responsible for the company's debts but the company itself being a "legal person" is liable to repay those debts or be sued for the non ...
the defendant is domiciled or resident in the province; the defendant carries on business in the province; the tort was committed in the province; and; a contract connected with the dispute was made in the province. It was also held that a Canadian court cannot decline to exercise its jurisdiction unless the defendant invokes forum non ...
An international business company or international business corporation (IBC) is an offshore company formed under the laws of some jurisdictions as a tax neutral company which is usually limited in terms of the activities it may conduct in, but not necessarily from, the jurisdiction in which it is incorporated.
Canada levies personal income tax on the worldwide income of individual residents in Canada and on certain types of Canadian-source income earned by non-resident individuals. The Income Tax Act , Part I, subparagraph 2(1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person ...