Search found 30 matches
- Sat Mar 10, 2007 7:45 am
- Forum: Canada / United States Tax & Accounting
- Topic: Renunciation
- Replies: 20
- Views: 15554
- Fri Mar 09, 2007 2:16 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Renunciation
- Replies: 20
- Views: 15554
Though quite unfamiliar with the tax problems you're going through (I can imagine!), unless you're really old or you just bought your dream house in Canada and would never, ever consider leaving it, I would personally put up with the difficulty each year for the flexibility of being a dual citizen. ...
- Mon Mar 05, 2007 8:02 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Cash gift to Canada.
- Replies: 6
- Views: 5526
Thanks, all. I posted in the TN thread but it isn't necessarily on topic with this one. I received a cash gift from a Canadian person (not a trust) for less than $100k in 2006 and did not file the 3520. I know it's not taxable, but IRS still requires this to be filed if it's more than $10k or if it'...
- Mon Mar 05, 2007 4:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Cash gift to Canada.
- Replies: 6
- Views: 5526
Helpful as always. More specifically, do I need to make 4 X $10,500 transfers, or since my wife and I are married, can I do 2 X $21k? I've found slightly differing wording on various websites. Also, the bank account here is in both of our names, though I guess a wire transfer has a sender's single n...
- Mon Mar 05, 2007 11:14 am
- Forum: Canada / United States Tax & Accounting
- Topic: TN Resident Status
- Replies: 6
- Views: 5357
Sorry to post again, but editing is not possible and it's still on topic for the thread :) Most links are saying that in 1996 a law was enacted to require on form 3520 reporting of a gift from a foreign person to a US person if that amount went above $10k, even if it's not taxable, otherwise major, ...
- Mon Mar 05, 2007 11:00 am
- Forum: Canada / United States Tax & Accounting
- Topic: TN Resident Status
- Replies: 6
- Views: 5357
Oh heck, I just efiled last night and now I see this: http://www.allbusiness.com/marketing-ad ... 982-1.html I guess I have to ammend the return now. grr.
- Mon Mar 05, 2007 10:58 am
- Forum: Canada / United States Tax & Accounting
- Topic: TN Resident Status
- Replies: 6
- Views: 5357
- Mon Mar 05, 2007 9:20 am
- Forum: Canada / United States Tax & Accounting
- Topic: Cash gift to Canada.
- Replies: 6
- Views: 5526
Cash gift to Canada.
1) Hi! Kind of a reverse of a post from a few months ago, but I need to give about $42k USD to my parents in Canada. Obviously, it's incumbent I avoid any tax issues with this. I planned on giving $10.5k to my father, $10.5k to my mother, and then having my wife give $10.5k to my father and $10.5k t...
- Mon Dec 25, 2006 2:16 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Which border crossing at Buffalo for an expeditious crossing
- Replies: 2
- Views: 6389
I keep getting emails telling me this topic has been updated, but when I click the link it tells me the topic doesn't exist. Further, there are no responses visible here. In any case, having gone to toronto a few times now, I'm under the impression that Lewiston is a great place to go when entering ...
- Thu Nov 02, 2006 3:06 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Toronto Star: Giving immigrants `the business'
- Replies: 1
- Views: 5508
An interesting, if terribly written article. Where is the dissent? Did the author even interview anybody besides immigration lawyers? Who can say that the number of business-class immigrants coming to Canada has dropped because of processing times and not because of other factors? Maybe their countr...
- Wed Nov 01, 2006 10:23 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Any problem using a new country's passport?
- Replies: 4
- Views: 7556
Thanks, Nelson. Helpful as always. My birth cert is for England. The only CAN identification I have is the expired passport and CAN citizenship card, both with the new passport app, plus a really old expired CAN passport still in my possession. I have a SIN card and an expired provincial healthcare ...
- Wed Nov 01, 2006 3:39 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Pointer to new arrivals
- Replies: 1
- Views: 5447
- Wed Nov 01, 2006 3:37 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Any problem using a new country's passport?
- Replies: 4
- Views: 7556
Any problem using a new country's passport?
I'm in the US as a permanent resident and I've only ever used my Canadian passport to go in and out. I also used photocopies of it to support my green card app a couple years back. My CAN Passport is being renewed and I'd like to leave for a couple of days. Is it perfectly ok to use my UK passport t...
- Sat Oct 28, 2006 9:26 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Which border crossing at Buffalo for an expeditious crossing
- Replies: 2
- Views: 6389
Which border crossing at Buffalo for an expeditious crossing
Now that we're living in Rochester, NY, we're hoping to make trips to Southern Ontario a frequent occurrence. Which of the four border crossings is the best for a quick transit? Some friends visited today and crossed the border at lunch time (Saturday) from Canada and found the wait into the US abou...
- Fri Oct 27, 2006 8:12 am
- Forum: Canada / United States Tax & Accounting
- Topic: Cash gift from Canada
- Replies: 4
- Views: 3979