Toronto Accountant – Personal Tax & Small Business Accountant Toronto
The Envolta Process?
Dedicated Account Manager
What you need to get started
Setup a brief consultation with our accountants
Access to your tax information (business or personal)
What type of taxes are you filing?
Tax information you should know
What is a foreign tax credit?
A foreign tax credit is a deduction from the taxpayer’s Canadian tax otherwise payable that may be claimed in respect of foreign income or profits tax paid by the taxpayer for the year. This foreign income tax credit is available to any taxpayer who has been a resident of Canada at any time during the tax year. (source: Turbotax)