As far as taxation and regulation, the state will generally decide in favor of "the people" and against "the corporation".Let me know if I can help and if you want to connect!

Any taxation is deferred until final liquidation, (theoretically, several exchanges later, when you are in a more favorable tax position.)

You will pay tax at your marginal rate,  just like salary income.

@lian shiI go to the SDAT office at State Department of Assessments and Taxation, Charter Division, 301 W.

Apparently, if the LLCs were owned directly by the C-Corp this would result in double taxation since the CRA (Canada Revenue Agency) does not recognize LLCs as flow-through entities for double taxation (if I remember correctly).

Long answer: Assuming you already have some properties and are currently acting as a sole proprietor, you are probably looking for simplicity and low cost, making the default status a Disregarded Entity or pass-through taxation your best option.

You do realize WHO will be paying that debt off for decades to come...but no-one mentions "predatory taxation".....

But you can also either have an MD LLC or register your foreign (non-MD) LLC in MD with the State Department of Assessments and Taxation ("SDAT"). 

If you S status ever gets terminated you are looking at big issues in double taxation.

Unless you need to be downtown TO, the prices are more than a little north of ridiculous.As for your question on taxation, the following link will get you started on the Canada - U.S.A. tax treaty.