Search found 6 matches

by charlesrei
Wed Feb 14, 2007 10:51 am
Forum: Canada / United States Tax & Accounting
Topic: Attribution Rules for Couples moving to Canada
Replies: 1
Views: 2454

Attribution Rules for Couples moving to Canada

As I understand, Canadian couples cannot just give income producing assets to each other in the hopes of moving the liability to the lower tax rate spouse, because the income will be attributed back to the spouse who gave the asset. In my case, my wife and I are US Cit/Res and she is also a Can Cit....
by charlesrei
Sun Feb 11, 2007 2:04 pm
Forum: Canada / United States Tax & Accounting
Topic: Visitor subject to Canada taxes?
Replies: 3
Views: 3293

"[img]There are scenarios whereby you could contiunue to work AND LIVE in US, while your family goes to canada, where you would declare yourself non-residnt for tax purposes, but this does not seem to fit your case." could you elaborate on these ? We are still in the planning stages so it ...
by charlesrei
Sun Feb 11, 2007 1:39 pm
Forum: Canada / United States Tax & Accounting
Topic: Visitor subject to Canada taxes?
Replies: 3
Views: 3293

Visitor subject to Canada taxes?

I am a US Citizen/Resident. My wife is a US Citizen/Resident and a Can Citizen. We are contemplating moving (back) to Canada. We have been advised that we can cross as a family and that I could then apply for a work card. Until I get my work card, I would probably commute back to the states for work...
by charlesrei
Tue Mar 29, 2005 10:58 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian Rental Property
Replies: 8
Views: 11351

<font face="Trebuchet MS"></font id="Trebuchet MS">I am now looking to buy a four unit in Nova Scotia. My wife and I are US Citizens / Residents. She is also a Canadian Resident. I would like to have the propety in my wife's name. That way if we move to Canada, she would have som...
by charlesrei
Wed Feb 02, 2005 12:21 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian Rental Property
Replies: 8
Views: 11351

<font face="Trebuchet MS">Thanks for the info on the NSULC. There is now a possibility that not all brothers would be engaged in each property. Would this scenario make sense: setup a NSULC that my wife owns 100% of. When properties are purchased, they can be bought by her NSULC directly (...
by charlesrei
Mon Jan 31, 2005 10:05 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian Rental Property
Replies: 8
Views: 11351

<font face="Trebuchet MS">My wife will be investing in Canadian Rentals with her brothers. She is U.S. Resident / Citizen & a Canadian Citizen. Her brothers are Canadian Residents/Citizens. I have read the rules about the 25% withholding for rent to paid non Canadian resident, etc. I a...