Estate Taxes on Property in the U.S
If you own property in the U.S., your estate may…
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Canadian residents are taxable in Canada on their world income
Canadian residents are taxable in Canada on their world income.…
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Offshore (non-Canadian) corporation may be taxable in Canada
Incorporating a business offshore and running business operations through it…
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Have Foreign Source Income?
Canada has entered into an extensive series of Income Tax…
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Penalty for not Filing T1135
There are substantial penalties for failing to complete and file…
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Offshore Reporting Rules
Corporate Reporting In December 1995 corporations received Revenue Canada’s revised…
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Unreported Income in HSBC Swiss bank Accounts
In Early February of this year, the CBC’s investigative journalism…
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Canadian Tax Amnesty – Time Running Out for Canadians with Swiss Bank Accounts to File a Voluntary Disclosure
Swiss Banks Sending Letters to Canadian Account Holders For resident…
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CRA Letter to Taxpayers re Offshore Asset Reporting
In December 2014, the Canada Revenue Agency (CRA) issued a…
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Voluntary Disclosure Availability
For taxpayers who have not been meeting their reporting requirements,…
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