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New Member
posted Jan 25, 2021 8:42:23 PM

I am a director of my own overseas incorporated company. Revenue is derived outside Canada. The company pays me monthly salary. Is the income filed under foreign income?

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Moderator
Jan 16, 2023 3:03:32 PM

It would depend on how they are paying you. If you are getting a T4 or T4A slip, then you would just enter the slip. If you are being paid in a foreign currency and not getting a Canadian slip, then you would enter the income as foreign income.