Search found 4 matches
- Tue Dec 27, 2005 4:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Choice of who to pay?
- Replies: 1
- Views: 2494
Choice of who to pay?
I'm not a Canadian resident yet, but I will continue to have contract income from US employers after I move. In paying my estimated taxes, do I have a choice of whether to pay Canadian or pay US? If each can be credited against the other, I assume that it will not increase or decrease my total taxes...
- Thu Jun 16, 2005 11:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: Life insurance earnings taxed?
- Replies: 3
- Views: 5191
Life insurance earnings taxed?
I've seen lots of good discussion about 401(k) / RRSP taxability, but here's a different case. In the US, there are life insurance policies that let earnings grow tax deferred, such as variable life / universal life policies. The earnings are then taxed at withdrawal time (which may be years in the ...
- Fri Feb 04, 2005 4:01 pm
- Forum: Canada / United States Tax & Accounting
- Topic: No Canadian tax on IRA earnings?
- Replies: 14
- Views: 17918
- Thu Feb 03, 2005 10:27 am
- Forum: Canada / United States Tax & Accounting
- Topic: No Canadian tax on IRA earnings?
- Replies: 14
- Views: 17918
No Canadian tax on IRA earnings?
I guessed this from reading other posts, but didn't find one that directly addressed it. I am a US citizen in the process of becoming a Canadian resident. I have a substantial sized IRA (including my 401k's rolled over). The capital gains / interest in this account are not US taxable until I start w...