{"componentChunkName":"component---src-templates-blog-post-ts","path":"/blog-bite-can-a-corporation-be-considered-a-canadian-controlled-private-corporation-for-taxation-purposes-when-a-majority-of-the-voting-shares-are-held-by-non-residents-if-the-usa-prevents-non-reside/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"4f20e842-cda6-59bf-9150-106c1dfb83de","excerpt":"This article posted on our partner site Mondaq.com is about how relevant the provisions of a unanimous shareholders’ agreement (USA) are for determining tax…","html":"<p><a href=\"http://www.mondaq.com/canada/x/196444/Corporate+Tax/Effect+Of+A+Unanimous+Shareholders+Agreement+On+CCPC+Status\" target=\"_blank\" rel=\"nofollow noopener\">This article posted on our partner site Mondaq.com</a> is about how relevant the provisions of a <strong>unanimous shareholders’ agreement (USA)</strong> are for determining tax status particularly as a Canadian controlled private corporation (CCPC).</p>\n<p>The author discusses this decision and notes that for this taxation status, <em>de jure control</em> of the corporation must be considered including the USA. This case would allow flexibility for taxation insofar as it could allow corporation with non-resident majority shareholders to receive tax credits.</p>\n<p>This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!</p>","frontmatter":{"title":"Blog Bite: Can a corporation be considered a Canadian controlled private corporation for taxation purposes when a majority of the voting shares are held by non-residents if the USA prevents non-resident shareholders from electing a majority of the directors?","date":"September 13, 2012","description":"This article posted on our partner site Mondaq.com is about how relevant the provisions of a USA are for determining tax status particularly as a Canadian controlled private corporation.","author":{"id":"alina@clausehound.com","first":"Alina","last":null,"bio":null,"image":null},"tags":["Shareholders Agreement","Mondaq","Learn","Canada (Federal)"]}}},"pageContext":{"slug":"/blog-bite-can-a-corporation-be-considered-a-canadian-controlled-private-corporation-for-taxation-purposes-when-a-majority-of-the-voting-shares-are-held-by-non-residents-if-the-usa-prevents-non-reside/","previous":{"fields":{"slug":"/blog-bite-what-are-the-relevant-aspects-for-incorporating-a-business-in-honduras/"},"frontmatter":{"title":"What are the relevant aspects for incorporating a business in Honduras?","tags":["Jurisdiction Shopping       ","Mondaq","Learn","Honduras"],"author":{"id":"alina@clausehound.com","first":"Alina","last":null}}},"next":{"fields":{"slug":"/blog-bite-what-types-of-limited-liability-companies-are-available-in-italy-and-what-are-the-steps-to-incorporation/"},"frontmatter":{"title":"What types of limited liability companies are available in Italy, and what are the steps to incorporation?","tags":["Jurisdiction Shopping","Mondaq","Learn","Italy"],"author":{"id":"alina@clausehound.com","first":"Alina","last":null}}}}}}