US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Canadian Corporations with US Business Activities’

Steven Flynn

Business in Vancouver – Article on how US tax reforms may impact Canadian business

Steven Flynn, a partner with W.L. Dueck & Co. LLP, was interviewed by Business in Vancouver and discussed how potential US tax reforms may impact Canadian businesses.


US State and Local Tax Consideration for Canadian Businesses

Often Canadian businesses are surprised to learn about the reach of US state taxing jurisdictions to assert tax on out-of-state taxpayers.  Since none of the 50 states were signatories to the Canada-US Income Tax Convention (the “Treaty”), they are not limited by the Treaty to taxing business activities in the US.  It is not uncommon to find a Canadian business subject to a state’s taxing jurisdiction and completely exempt from US federal income taxation because of the Treaty. In contrast… Read More


US Informational Reporting Requirements for Canadian Corporations with US Business Activities

In addition to filing a US federal income tax return, Canadian corporations engaged in a US trade or business or 25% Canadian-owned US corporations may have a requirement to file IRS Form 5472, Information return of a 25% Foreign-Owned US Corporation or a Foreign Corporation Engaged in a US Trade or Business.  This form is required to be attached to the corporation’s US federal income tax return and is due on or before the due date of the income tax… Read More