Search found 2 matches

by Rampant
Mon Nov 07, 2022 11:18 am
Forum: Canada / United States Tax & Accounting
Topic: Dual Citizen reporting corp. dividend income on US Return
Replies: 2
Views: 4524

Dual Citizen reporting corp. dividend income on US Return

Hello, I'm a dual citizen living in Canada looking to create a Canadian professional services corporation in which I'll have 50% ownership/shares. I'll be receiving dividend income from the corporation, and I'm wondering if that would be considered under the foreign earned income exclusion, or if th...
by Rampant
Mon Jun 06, 2022 9:24 pm
Forum: Canada / United States Tax & Accounting
Topic: Corporate structure for US/CA Citizen
Replies: 1
Views: 3516

Re: Corporate structure for US/CA Citizen

I have a similar scenario that I'm trying to evaluate; I realize for filing/organizing I'll be enlisting professional help but I wanted to get the broad strokes on if my US citizenship will complicate or neutralize the advantages of incorporating. $350,000 CAD /yr total between two clients, both Can...