Contact UsWhat are the Canadian tax obligations for a Canadian who owns single member U.S. LLC. I have no presence in the U.S. and only sell digital goods(wordpress plugins, etc) to Africa online. I have a PE in Canada but I am worried about the Branch Profits Tax.
Do I pay taxes on corporate proftits(LLC treated as foreign corporation) then tax as foreign dividend when i withdraw it then after that a 25% Branch Profits Tax? Do I have to pay myself under Canadian Law if I have an LLC and I manage it in Canada? How does classification as Disregarded Entity or Corporation on U.S. side affect the way CRA treats LLC in Canada?
