shaunca
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shaunca reacted to Mike E in L2S working remotely for Canadian employer
My read of https://www.uscis.gov/i-9-central/form-i-9-resources/handbook-for-employers-m-274/60-evidence-of-status-for-certain-categories/69-other-temporary-workers/692-l-nonimmigrant-status is that an L2S is authorized to work
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shaunca reacted to Mike E in L2S working remotely for Canadian employer
yes: the U.S. does not care
yes: the U.S. does not care. However pay attention to FBAR
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shaunca reacted to Mike E in L2S working remotely for Canadian employer
The U.S. gives you tax credit for foreign taxes. Thus you will not be double taxed.
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shaunca reacted to Mike E in L2S working remotely for Canadian employer
I think you will need to hire CPA.
The concern I have is that you are using a Canadian corporation you own to reduce your personal tax liability to CRA (which is fine) but will the IRS see this as a evasion of U.S. corporate income tax? It might because 100 percent of the operations of this Canadian corporation are in the U.S. It appears the net corporate tax rate in Canada on a small busibess is 9 percent. In the U.S. it is 21 percent.
It looks unnecessarily complicated to me, and I suspect the bills from the CPA will out size whatever tax benefits you expect to gain.