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Wyoming coporation for Canadian company online sales to U.S. customers

Asked by: Jan H. - 12 January, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Hello,
I read the advice to the Canadian doing business in the U.S. You suggested incorporation in the U.S. and have zero profits. All income would be Canadian.

Please tell me, is this easily managed by an ordinary business owner? Or, are there difficulties that are best managed by a professional firm?

I own a Canadian company for my [small] online retail sales.
Answered by: Robert Kowalski - 13 January, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Dear Jan,

It is generally a good idea to have a professional CPA firm help you with your bookkeeping, tax returns and tax planning. Try to find one that specialize in international taxation to see if there are additional strategies to minimize your tax liability both in the US and Canada.

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