Sole Proprietorship Tax

A sole proprietor is taxed on individual income earned through self-employment. This income is reported on the T1 General Return.

For more information on taxable income earned as a sole proprietor, or as part of a partnership, please visit:

For additional information about taxation as well as valuable references about investing and doing business in Canada, see:

  • Resources for Entrepreneurs & Investors

    Find links to various guides on doing business with Canada containing detailed information on the Canadian tax environment and key considerations for foreign investors such as repatriation of funds, transfer pricing rules, thin capitalization, different tax implications for different business structures, as well as advantages and disadvantages.

The Business Link

Date Updated: Mar 13, 2007
RDP-1063