resident Canadian definition

resident Canadian means an individual who is:

resident Canadian means a Canadian citizen ordinarily resident in Canada or as otherwise defined in the Act;

resident Canadian means an individual who is a resident of Canada for purposes of the Income Tax Act (Canada);

Examples of resident Canadian in a sentence

• The board may from time to time appoint a managing director who shall be a resident Canadian and a director.

• The board may from time to time also appoint a managing director who shall be a resident Canadian and a director.

• Subject to the Act, at least 25 per cent of the directors shall be resident Canadians, or if the number of directors is fewer than four, at least one director shall be a resident Canadian.

• The directors may from time to time appoint from their number a Managing Director who must be a resident Canadian and may delegate to the Managing Director any of the powers of the directors subject to the limits on authority provided by subsection (3) of section 115 of the Act.

• Subject to subsections 111(1), 114(4) and 117(1) of the Act, no business shall be transacted by the directors except at a meeting of directors at which a quorum is present and at which at least twenty-five per cent of the directors present are resident Canadians or, if the Corporation has less than four directors, at least one of the directors present is a resident Canadian.

More Definitions of resident Canadian

resident Canadian means an individual (including a trust) or corporation who is a resident of Canada for purposes of the Tax Act, or a partnership that is a “Canadian partnership” for purposes of the Tax Act;

resident Canadian means an individual who is ordinarily resident in Canada or, if not ordinarily resident in Canada, is a member of a class of persons prescribed by Regulations and, in any case:

resident Canadian means a resident in Canada for purposes of the Tax Act. “SEC” means the United States Securities and Exchange Commission.

resident Canadian means a Person who is a resident of Canada for purposes of the Tax Act;

resident Canadian means an individual who is resident in Canada for purposes of the Tax Act;

resident Canadian means a resident in Canada for purposes of the Tax Act.

resident Canadian means an individual who is a resident, or is deemed to be a resident, of Canada for purposes of the Tax Act;