Repatriation Tax Archives - Andersen in Canada

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Blog Alert – Repatriating U.S. Earnings to Canada

Léa Duval 11/28/2023

Repatriating corporate earnings from the U.S. to Canada may involve alternative strategies. These include using U.S. earnings to repay debts payable to its Canadian shareholder, management fees, dividends, and liquidating distributions. Let’s explore the key aspects and considerations when repatriating U.S. earnings to Canada. Debt ...

U.S. Transition Tax – A Fourth Update

Steven Flynn, CPA, CA, CPA (Washington) 04/14/2018

In mid-April, there is usually a race against time by taxpayers and accountants to meet U.S. tax filing deadlines. The normal U.S. tax filing deadline for the 2017 year for individuals and certain U.S. entities is Tuesday, April 17th (a few days later than the ...

U.S. Transition Tax – Next Update

Steven Flynn, CPA, CA, CPA (Washington) 04/03/2018

On April 2nd, the IRS and U.S. Treasury issued more guidance on the U.S. Transition Tax enacted by the Tax Cuts and Jobs Act (“TCJA”) in December 2017. As the U.S. moves to a territorial tax system for profits earned outside the U.S., this provision ...

U.S. Transition Tax

Steven Flynn, CPA, CA, CPA (Washington) 02/27/2018

In December 2017, the U.S. enacted The Tax Cuts and Jobs Act (“TCJA”). Amongst many changes to U.S. tax law is a move to a territorial tax system where US corporate shareholders of non-U.S. corporations can repatriate profits earned outside the U.S. without additional U.S. ...

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.