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Nixon Inc. was incorporated as an Ontario corporation in 2011. However, since 2014, all of the Companys business has been carried on outside of Canada.
- Nixon Inc. was incorporated as an Ontario corporation in 2011. However, since 2014, all of the Companys business has been carried on outside of Canada. Determine the residency status of Nixon Inc.
A. Nixon is not resident of Canada; it is not required to file tax return in Canada
B. Nixon deemed to be resident of Canada; it is required to report it is worldwide income in Canada
C. Cant decide, need more information about Nixon
D. None of the above
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