Search found 4 matches
- Thu Feb 23, 2012 8:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian senior moving to USA
- Replies: 5
- Views: 3190
Wow good info thank you Now a hypothetical question. LTD owns retail store inventory, leasehold improvements and vehicles value $250,000 so I value shares at that. Would that be capital gain or income? I then buy shares back for $250,000. So then could I declare my profit each year as a dividend, if...
- Thu Feb 23, 2012 6:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian senior moving to USA
- Replies: 5
- Views: 3190
- Thu Feb 23, 2012 4:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian senior moving to USA
- Replies: 5
- Views: 3190
Canadian senior moving to USA
I am Can my wife a PR in Can , US citizen we are moving to USA.
Was told I must sell my LTD co. Then repurchase what is the method of calculating shares value?
Was told I must sell my LTD co. Then repurchase what is the method of calculating shares value?
- Thu Feb 23, 2012 1:51 pm
- Forum: Business & Personal Immigration to the United States
- Topic: Canadian senior moving to USA tax questions
- Replies: 1
- Views: 4170
Canadian senior moving to USA tax questions
Hi I am a Canada senior married to a CAN PR US citizen we plan to move to US Was told I must sell my shares in my LTD company and repurchase. How do I value shares, I am only stockholder? If I then draw dividends instead of wages are the taxable in Can? Can I collect my OAP & CPP in USA? Are the...