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If an S corp transfers ownership to a non-resident after formation, it will lose its tax status. C corps have no restrictions on the number or type of shareholders. They can issue shares to individuals, corporations, nonprofits, and even foreign citizens. Taxes Shareholders for both S corps ...
(2) And as we directors are not Canadian, do I write resident or non-resident corporation in box 080. BC corporation was registered in Canada though. (3) And in box 040, we write CCPC or other private corp or other corp. (4) Can I take salary from the corporation for 2016 now. ...