10. What are the personal income tax implications of doing business off reserve if I am a status Indian living on reserve and my registered company (with a Quebec enterprise number and business number) is located on reserve?

Section 87 of the Indian Act does not apply to corporations or companies, even if they are owned or controlled by a status Indian. A corporation or company is treated as a separate taxpayer. As such, neither a coproration or company would be considered an “Indian” for purposes of the exemption. Therefore, any business income earned by the company, whether on or off reserve, will be taxable at the company’s corporate tax-rate.

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