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Qualified charitable donations

Qualified Charitable Distributions – Tax Savings for Canadian Residents

Canadian residents that hold certain U.S. retirement plans may have an unusual tax savings opportunity when making charitable contributions. Where they meet the requirements they can make a distribution from their U.S. retirement plan without recognizing taxable income for either U.S. or Canadian tax purposes ...
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The member firms of Andersen in Canada focus on Canadian, international and Canada-U.S. cross-border tax matters. With offices across Canada, our tax professionals work with a broad range of businesses and individual clients to develop innovative tax solutions for a diverse range of issues. Our senior leaders and many of our professional staff have extensive experience in Canadian, international, U.S. and cross-border tax matters with major international accounting firms, as well as practical experience working with businesses and individuals.