US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Canadian Tax Law’

Steven Flynn

Non-residents Selling Canadian Real Property

Monday May 1st is generally the filing tax deadline in Canada for individuals for the 2016 year[1].  It is also 8 days away from a provincial election in British Columbia.  One of the many issues politicians face in urban centers in BC is housing, both high prices and low availability.  Some politicians have suggested that the BC government take measures to fight tax cheats who purchase and sell property in BC without paying income taxes[2]. This includes non-residents selling Canadian… Read More

Warren Dueck

Americans Moving to Canada

Moving to Canada? Here are some things you should know The Canadian government’s immigration website crashed on election night. That might have happened regardless of which candidate won the election. Even if politics in the US was not so polarized, moving to Canada might still be worth some thought. A recent cover of The Economist touted Canada as “liberty gone north”. While Canada has many similarities to the US, the differences are more significant than French and English on cereal… Read More

AndersenTax

US Tax vs. Canadian Tax

There are many similarities between the US and Canada, but there are some significant distinctions between US and Canadian tax law especially for US citizens resident in Canada, including permanent residents of the US (“green-card” holders). For the unwary those distinctions may result in substantial US tax liabilities where those differences are not identified in advance. The discussion below highlights three differences, among many, that may trigger unexpected US tax liabilities for US persons resident in Canada. Sale of Principal… Read More