What is FOREIGN PLAN?

A plan a company uses to help non Canadian residents.They are not citizens but get a foreign plan. It doesn’t apply to income earned outside of Canada.

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Related Legal Terms
BONA FIDE FOREIGN RESIDENT, COMMERCE WITH FOREIGN NATIONS, NET FOREIGN FACTOR INCOME, PASSIVE FOREIGN INVESTMENT CORPORATION (PFIC), FOREIGN EXCHANGE TRANSLATIONAL POSITION, FOREIGN CORPORATION, REGULAR STOCK OPTION PLAN, FOREIGN TAX DEDUCTION, FOREIGN PUBLIC BORROWER, FOREIGN EXCHANGE (FOREX OR FX)


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