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Old 01-31-2013, 10:42 PM   #15
HonestTea
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Quote:
Originally Posted by SkinnyPupp View Post
The income isn't generated in Canada, it's generated in Hong Kong. If she were to sell to every country in the world, would she have to report taxes to every country in the world?

You're thinking like a student. Use your head!

Also a tip: Limiting your market to one relatively tiny country is not a great idea. My wife does exactly what you're doing, and Canada is the smallest market out of all the English speaking countries she sells to.
The wording from the CRA link is "you pay tax on income you receive from sources in Canada."

So her original source = CDN Citizens = Within Canada but I guess if you interpret it as she receives the income from her company(Based in HK) then she wouldn't have to file the taxes and they were right.
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