@fallen121
Individuals resident in Canada are subject to Canadian income tax on their worldwide income, regardless of where it is earned or where it is received.
You have to know about someone's earnings though in order to tax them.
On 30th December 2019 Meghan's company, Frim Fram Inc, the firm behind her blog, The Tig, was registered as a new corporation in the state of Delaware.
The following day, From Fram Inc California was 'Merged Out' and incorporated with the Delaware company.
Delaware is a haven for firms seeking extreme corporate secrecy. Registering a company in Delaware does not require disclosure of the identity of the owners and for as little as 50 usd the owners can hire a registered agent to represent them. All financial information relating to the company is kept confidential.
Harry and Meghan will be able to keep their company's financial information very private. It looks like Meghan (or Meghan and Harry) is/are planning to use the company for her/their future anticipated earnings.
How will anyone, including tax authorities know how much income/profit they have? They will definitely laughing all the way to the bank if their income and company information is secret from everyone.
Almost 65% of Fortune 500 companies are registered in Delaware. Governments could be missing out on huge tax revenues.