Can a US-Based Trust Own a Corporation in Canada
Both entities can belong to separate jurisdictions; however, a Corporation, LLC or other entity will always be subject to the country it was created in despite being owned by a trust in another country. For lawful money redemption, a US-based entity provides an ease of use for many international students. Alternatively, all assets can be exchanged into the US-based trust and redeemed by the trust to obtain the same benefits.
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