by Samuel Platel, F. Pl. | Jun 25, 2019 | Immigration, Tax Filing Requirements, Tax Planning
For some Canadians, a new life is waiting in one of 49 states south of the border. But with every new beginning comes some other beginning’s end. For most Canadians moving south, that other beginning’s end is called departure tax (also known as a deemed disposition...
by Matt C. Altro B. Comm., F. Pl., CFP® (CAN), CFP® (US) | Jun 17, 2019 | Article, Estate Planning, Immigration, Tax Planning
Globe & Mail – If your child lives in the U.S., it may be time to revise your will We are very excited to announce that Matt Altro, David Altro, and Zaina Kottis were asked to prepare a special for The Globe and Mail, which was published on June 17, 2019....
by Irina Matco, B. Comm., F. Pl. | Jun 13, 2019 | Estate Planning, Tax Filing Requirements, Tax Planning
Over the years it has become increasingly popular for Canadians to own real estate in U.S., especially in Florida. The warm climate of the Sunshine State provided an attractive escape to the harsh Canadian winters for the snowbirds. But with the rise in the U.S dollar...
by Tarun Suri CPA, CA, QAFP | Jun 13, 2019 | Investment Planning, Tax Filing Requirements, Tax Planning
It’s not uncommon for high net worth US citizen living in Canada to earn a substantial part of their income through a US business. Conventional wisdom may dictate to leave the corporate surplus within a corporation to benefit from tax deferral. Consequently, these...
by Tarun Suri CPA, CA, QAFP | Mar 28, 2019 | Investment Planning, Tax Filing Requirements, Tax Planning
High net worth US citizens already have significant restrictions and onerous compliance obligations to manage when living in Canada. While several issues can be remedied by following simple guidelines, such as avoiding a Canadian TFSA, other issues can fall under...
by Edwin Wong CFA, CAIA, FRM | Mar 28, 2019 | Investment Planning, Tax Filing Requirements, Tax Planning
In this day and age of 24/7 integrated and electronic global markets, capital is generally mobile and easily flows around the world as investors seek higher investment returns. Of course, human constructs such as political borders, capital controls, national...
