Prepared by Andersen in Canada, Montreal Partner Danny Guérin. The following is a summary of the main tax measures proposed in the 2023-2024 Quebec budget Corporate tax measures: Personal Income Tax Measures: Other tax measures

Taxation Based on Citizenship U.S. citizens resident in Canada are taxable on their worldwide income in both countries. The real question is which country gets to tax it first, which country gives a credit for the other country’s tax and what happens when both countries don’t tax it at the same time or in the […]

Prepared by Andersen in Canada, Montreal Partner Danny Guérin with support from Stéphanie Perras. The 2022 Federal Fall Economic Statement announced a two-percent tax that would applyon the net value of all types of share buybacks made by public corporations in Canada. Thetax would come into effect on January 1, 2024. The statement indicates that more detailswill be […]