CRA Releases New Income Tax Folio on Income Tax Reporting Currency

On September 2, 2016, the CRA released new Income Tax Folio S5-F4-C1 Income Tax Reporting Currency, which discusses functional currency tax reporting for corporations.  The Folio can be viewed here: http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s5/f4/s5-f4-c1-eng.html

Prepared by: Ken Jiang

Ken Jiang is a partner in the Vancouver office of Thorsteinssons LLP. His practice focuses on domestic and international tax planning, with particular emphasis on cross-border corporate structuring, inbound and outbound investment, and residency planning. His clients include individuals,… more »

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