Search Results for: Top 5 Tax issues

Important tax update – Intergenerational transfers

Prepared by Andersen in Canada, Montreal Partner Patrick Coutu, Tax Director Danny Guérin and Tax Manager Omar Yassine. The tax community has been asking the…

Strafford Live Webinar, Jan 25, 2022 on U.S.-Canadian Dual Taxation Pitfalls

...taxation on income and gains. The U.S. and Canada have a comprehensive tax treaty system that addresses most dual taxation concerns. As in all international…

Canadian tax

...Mergers and acquisitions and tax due diligence Tax review dispute resolution Business valuation Tax Compliance Tax provision under IFRS, ASC 740, ASPE, and other international…

Cross-border Gifts – Application of Article XIII – Gains

...immediately dispose of the stock, she would not have a taxable gain for Canadian tax purposes. However, under US tax law, when a gift is…

Watch Cross-Border Trusts and Estates: Tax 101

...concepts;       4.     U.S. trusts for Canadian residents;       5.     U.S. estate and gift tax; and       6.     U.S. tax filing requirements. You can watch the video here. Not…

Webinar Replay – Delinquent U.S. Tax Filing Strategies: Tax 101

Watch Krista Rabidoux and Emily Yu review tax issues that can arise from delinquent U.S. tax filing. Topics: U.S. tax filing obligations and non-compliance consequences…

Canada-U.S. cross-border tax

...in Canadian real property by U.S. persons U.S. state and local taxes including sales, income and other taxes Representation before Canada Revenue Agency and Internal…

Canadian Investment in the U.S.: Entity Choices

...like Limited Liability Partnerships (LLPs). In addition, the U.S. tax reform in December 2017 lowered the US federal income tax rate on U.S. corporations from…

Highlights of the 2022 Fall Economic statement

...Chrystia Freeland, presented the 2022 Fall Economic Statement. Below is an overview of some of the major tax related announcements of this statement: 1. Tax…

British Columbia Speculation and Vacancy Tax

...by the March 31st deadline may result in BC assessing the Speculation and Vacancy Tax, requiring a response/appeal from the home owner. More information can…

Webinar Replay – State Tax in U.S. and Canada: Tax 101

Watch Steven Flynn and Eric Anderson review issues arising from state taxes in both the U.S. and Canada. Topics State Tax Nexus State Tax and…

Watch U.S. Estate and Gift Tax 101

...tax issues for Canadians. Topics covered include 1) the impact of domicile v. residency on how you are taxed, 2) U.S. estate and gift tax…

U.S. Estate and Gift Tax 101 – Webinar, Nov 9, 2021

...Canadians with U.S. situs assets. The U.S. taxes asset transfers during an individual’s lifetime (gift tax) and at death (estate tax). These taxes apply to…

Webinar Replay – Canadian Departure Tax: Tax 101

...Canadian Tax Return   Returning to Canada: Unwinding Departure Tax https://www.youtube.com/watch?v=ngCnMaig2fA&t=6s This webinar highlights relevant tax issues that can arise when leaving Canada. It does not…

Webinar Alert – Canadian Departure Tax: Tax 101

Join Philip Mei and Efrelyn Soyangco for a comprehensive review of tax issues that can arise from navigating the intricacies of Canadian Departure Tax. Topics Tax Residency Departure Tax…

Final Regulations Partially Mitigate Overbroad Controlled Foreign Corporation Attribution Rules Passed as Part of 2017 U.S. Tax Reform

...apparent drafting error contained in the 2017 U.S. tax reform legislation. The 2017 US tax reform (i.e., the Tax Cuts and Jobs Act of 2017)…

U.S. State and Local Tax Consideration for Canadian Businesses

Often Canadian businesses are surprised to learn about the reach of U.S. state taxing jurisdictions to assert tax on out-of-state taxpayers. Since none of the…

Internal Revenue Service announces changes to Streamlined Programs

On June 18th, the Internal Revenue Service announced changes to the Offshore Programs to help ease the tax reporting compliance burden on delinquent taxpayers and…

International tax

ANDERSEN TAX ® covers a full range of international tax services to meet your global tax challenges. Our tax professionals provide innovative solutions that are…

Low Risk U.S. Tax Compliance

...and trusts outside of their country of residence; The taxpayer has income from US sources; There is evidence suggesting intentional tax avoidance using sophisticated tax…