Search found 3 matches

by mstaum
Sat Jan 26, 2013 5:07 pm
Forum: Canada / United States Tax & Accounting
Topic: US REIT
Replies: 1
Views: 1634

US REIT

I am a dual citizen filing both US and Canadian tax returns but resident in Canada. A US investment company is asking for a consolidation of participation shares in buildings into a multi-building US REIT. They are telling American investors that capital gains tax may be deferred in the US because t...
by mstaum
Mon Jul 07, 2008 1:09 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian pension income splitting and US taxes
Replies: 1
Views: 2246

Canadian pension income splitting and US taxes

I am a dual citizen filing separately in the US while my wife is Canadian and does not file in the US as she has no US income. If we go along with the splitting of pension income as now allowed by Canadian tax law (my pension income is considerably higher), will this not reduce my tax credit on 1116...
by mstaum
Mon Apr 07, 2008 8:49 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 1116 passive income
Replies: 1
Views: 2156

Form 1116 passive income

Is Canadian private pension income considered passive income for purposes of US foreign tax credit?