[Verse 1]
When you return to Canadian ground
Your tax world completely turns around
From that date forward, here's the key
Worldwide income follows you and me
Every dollar that you earn
From every corner, every turn
Canadian corp and US too
All income streams flow right through
[Chorus]
Worldwide income, worldwide view
Canada taxes all of you
From the date you cross the line
Every source becomes defined
Fed corp salary, LLC flow
Delaware dividends, watch them grow
Investment gains from any shore
Worldwide income, that's the core
[Verse 2]
Federal corporation pays you well
Salary, dividends, fees to tell
Delaware LLC classification
Determines your taxation station
Delaware C-corp distributions
Follow tax code contributions
Management fees and interest earned
Every payment must be learned
[Chorus]
Worldwide income, worldwide view
Canada taxes all of you
From the date you cross the line
Every source becomes defined
Fed corp salary, LLC flow
Delaware dividends, watch them grow
Investment gains from any shore
Worldwide income, that's the core
[Bridge]
Twenty twenty-four part year
Only resident time is clear
Before arrival, income free
Canadian source, exception key
Income earned before you land
Generally outside tax command
But once you're here, the rule is plain
Worldwide earnings, Canada's claim
[Chorus]
Worldwide income, worldwide view
Canada taxes all of you
From the date you cross the line
Every source becomes defined
Fed corp salary, LLC flow
Delaware dividends, watch them grow
Investment gains from any shore
Worldwide income, that's the core
[Outro]
Capital gains from every nation
Subject to our taxation
Personal income, business too
Worldwide reporting, through and through