Catherine Shen-Weafer

CPA, CGA, CPA (WA) | Tax Manager

BY THE NUMBERS

  • 10+ complete sets of currencies collected
  • 7 animals (1 lizard, 4 fish, 1 cat and 1 dog (born in the US)) sanely residing with her family
  • 4 tax jurisdictions she has lived in (China, Canada and US (California))
  • 2 dependents (1 female and 1 male) with her husband Brad

“The hardest thing in the world to understand is the income tax.” – Albert Einstein. Catherine takes great pride in her career as a US-Canada cross-border tax practitioner.

Catherine understands clients’ businesses and finds the optimal tax solutions to help them achieve their operating and financial goals. She focuses on cross-border tax matters including ownership strategies for businesses and real property and alternative entities for investments, US tax filing strategies for US citizens resident in Canada and tax return preparation in Canada, US federal and US states for individuals and businesses.

After being a financial accountant for a few years, Catherine found her calling in US-Canada cross border taxation. In addition to her Canadian tax training, she obtained her Master of Science, US Taxation at Golden Gate University in San Francisco. Her goal there was to “explain the law with simple words.”

Practice Emphasis

  • Cross-border Ownership Strategies
  • Choice of Entity
  • Cross-border Pre-Arrival and Exit Planning
  • US Citizens Resident in Canada

Proven Results

  • Established the timeline of taxable events to optimize US federal and state tax consequences for business clients exiting the US into Canada under the 2017 US Tax Reform and current US tax law
  • Developed cross-border strategies for Canadian corporations to minimize overall tax implications
  • Advised on cross-border reorganization strategies to match the timing of US and Canadian taxes
  • Developed gifting strategies for US citizens to avoid US expatriation tax
  • Advised on compliance of US multi-state and local income tax and sales tax for business clients
  • Recommended options for US citizens with delinquent US international tax filings to minimize tax liability and penalty exposure

Education and Professional Accreditations

  • Golden Gate University, Master of Science in US Taxation
  • Certified Public Accountant (Washington)
  • Chartered Professional Accountant, CGA, (British Columbia)
  • British Columbia Institute of Technology, Bachelor of Technology in Accounting
  • East China Normal University, Bachelor of Arts in History

Professional Affiliations

  • Washington Society of Certified Public Accountants
  • Chartered Professional Accountant of British Columbia

Languages

Read/Write/Speak:  English, Mandarin, Shanghainese