Please wait, loading...
Transfer pricing is one of the most important issues in international tax. Transfer pricing happens whenever two related companies – that is, a parent company and a subsidiary, or two subsidiaries controlled by a common parent – trade with each other, as when a US-based subsidiary, for example, buys something from a French-based subsidiary of...
Working with a tax accountant is a smart way to ensure that your business performance and personal financial planning are adequately monitored and controlled. In times of increasing economic stress, it becomes more important to ensure that plans are followed and corrective actions, if needed, are implemented as quickly as possible. The following lists outline...
The US real estate market has been at all-time lows for some time now. Many Canadians have been looking at this as a time to begin investing for income and/or planning for retirement. What to Know When Investing in US Real Estate Seminar: August 31st, 2012 Date & Time: August 31st at 9am-12. Location: Northview...
We are very pleased to announce that we have received some further guidance from the IRS concerning back filing and delinquent accounts of U.S. citizens residing outside the United States. We caution our U.S.-Canada cross-border tax clients that this does not mean that you don’t have to worry about filing timely tax or information returns but...
I remember several years ago working with a fellow who had made several trips to almost every state in the U.S. to visit clients, install equipment and provide other services to his customers. I told him, quite sadly, that he had nexus all over the place. He looked at his arms with a horrified expression...
Many Canadians look at the strength of the Canadian dollar coupled with the low price of US real estate and ask if this is the appropriate time to buy properties, such as foreclosed properties in the US. Some potential purchasers intend only to buy a long-coveted vacation home in the US Sun Belt while others...
If you are a Canadian resident who is planning to spend an extended period of time in the United States you should be aware of the IRS tax regulations that may effect you. Perhaps you have just purchased a US residence in the Sun Belt and plan to become a snowbird or perhaps you plan...
The 2011 OVDI announced by the IRS is intended to bring non-compliant US taxpayers into compliance with U.S. tax laws and regulations on the understanding that once in compliance the tax payer will continue to comply with U.S. tax requirements in future years. This may be a non-compliant taxpayer’s last best chance to come forward...
Anyone that has undisclosed offshore income and assets wishing to come forward and make things right will probably find that 2011 will be a very good year. The 2011 OVDI (Offshore Voluntary Disclosure Initiative) announced by IRS Commissioner Shulman on February 8, 2011 provides what may be the last opportunity for non-compliant US taxpayers to come...
You’ve been looking at all those great values in US real estate and the premium value of the Canadian dollar. You’ve been thinking that now may be the time to buy before prices start to rise or all the bargains are scooped up. You’ve studied the decline in housing prices in the US Sun Belt...
© AG Tax LLP | All Rights Reserved | Website by Aroma Web Design Vancouver
© AG Tax LLP | All Rights Reserved | Website by AromaWebDesign.com